Keith Skeoch becomes deputy chair of IA board
Formica returns to board
Keith Skeoch, CEO of Standard Life Aberdeen, has been appointed deputy chair of the Investment Association (IA) board for a two-year term.
Skeoch was named sole CEO of the business, which was the result of a merger between Aberdeen Asset Management and Standard Life, after the group ditched its co-CEO structure earlier this year.
Chris Cummings, CEO of the Investment Association, said: "I am delighted to announce Keith Skeoch's appointment to the position of deputy chair of the IA board.
"His extensive experience in the investment management industry, from stewardship to key global growth markets, will be invaluable in helping to steer the IA and our industry through the challenges and opportunities that lie ahead in the coming months and years."
Skeoch added: "The IA plays an important part in supporting its members to deliver for their customers and clients both here and internationally.
"I am honoured to be appointed deputy chair of the IA board and I am committed in helping the industry to continue to fulfil its stewardship responsibilities and meet the needs of all investors."
Meanwhile, Andrew Formica, who has been CEO of Jupiter Asset Management since 1 March, has also re-joined the board, while Irshaad Ahmad is stepping down after having served as a member for six years.
Cummings commented: "I am pleased to welcome back Andrew Formica as a member of the board in his new capacity as CEO of Jupiter AM, and would like to thank Irshaad Ahmad, who'll be stepping down from the board, for his six years of dedicated service."
