Two Aberdeen Asset Management employees have been killed in a road accident while cycling from Land's End to John o'Groats on a charity bike ride.
Andrew McMenigall and Toby Wallace had undertaken the cycle ride to raise funds for the Kirsten Scott Memorial Trust, in memory of an Aberdeen colleague who lost her life to cancer in October 2011.
McMenigall, a senior investment manager in Aberdeen's Edinburgh-based global equities team, joined the group in 1997, having previously been an officer in the British Army.
Wallace joined Aberdeen in 2000 and was a senior relationship manager in its Philadelphia office. He had previously raised money for the Kirsten Scott trust via a cross-Atlantic boat journey.
"I knew both Andrew and Toby well. They were dedicated and popular members of our senior team. The fact that they died in such tragic circumstances while trying to help others less fortunate tells you much about their selflessness and humanity," said Aberdeen chief executive Martin Gilbert.
"This is a terrible time for the company. More importantly our thoughts are with the families of Andrew and Toby. We will be doing everything we can to support them."
The aim of the Trust is to provide grants to young people under the age of 26 in order for them to fulfil ambitions, enhance their personal development, and make a positive contribution, either at home or overseas.
McMenigall and Wallace's sponsorship page for their bike ride can be found here.
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