Investment Management Committee announced for merged Standard Life and Aberdeen

A new Investment Management Committee has been proposed by Standard Life and Aberdeen following those two companies’ respective General Meetings, which took place on 19 June, and which gave shareholder approval to the their proposed merger.

Although still subject to certain regulatory approvals, the merger is aiming for a 14 August completion date.

The new Committee is intended to ensure a unified approach to the combined investment management activities; oversee “investment process, performance, capabilities and investment talent”; and define and set the investment culture, including governance and a risk framework for the entire business.

The Committee’s members will constitute investment heads, who will be responsible for the “investment processes within their franchises given the size, scale and ambition of the combined business”.

Rod Paris, who will be chief investment officer for the combined business going forward will chair the Committee, which will also include:

Brian Flemingglobal head of Structured Solutions
Devan Kalooglobal head of Equities
Craig MacDonaldglobal head of Fixed Income (Credit, EMD and Aggregate Investing)
Andrew McCafferyglobal head of Client-Driven and Multi-Manager Solutions
Peter McKellarglobal head of Private and Infrastructure Equity
David Paineglobal co-head of Real Estate
Sean Phayreglobal head of Quantitative Investing
Mandy Pikeglobal head of Investment Execution
Guy Sternglobal head of Multi-Asset and Macro Investing
Archie Struthersglobal head of Investment Governance and Oversight
Pertti Vanhanenglobal co-head of Real Estate

Keith Skeoch and Martin Gilbert, co-CEOs of the combined business will have standing invitations to Committee meetings.

Other regular attendees are expected to include: Alan Coutts, global Coo, Investments, Ginny Richardson, Office of the CiO, Euan Stirling, global head of Stewardship and ESG Investing.

 

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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