Martin Gilbert hints at retirement plans after 36 years as CEO - report

SLA's share price has almost halved since merger

clock
SLA co-CEO Martin Gilbert
Image:

SLA co-CEO Martin Gilbert

Joint chief executive of Standard Life Aberdeen (SLA) Martin Gilbert has indicated his intention to retire from the role after 36 years leading his firm, with chairman Douglas Flint soon set to appoint a replacement, according to reports.

It comes just a year-and-a-half after the Standard Life-Aberdeen Asset Management merger, in the wake of which SLA has seen its share price fall by as much as 45%. Institutional investors have been...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

The Twitter shareholders said Musk purchased Twitter stock at an artificially low price.

Twitter investors sue Elon Musk for stock 'manipulation' during takeover bid

Accused of delaying stake disclosure

clock 27 May 2022 • 1 min read
Chris Budd: What isn't financial wellbeing?

Chris Budd: What isn't financial wellbeing?

Relationship between money and happiness

Chris Budd
clock 27 May 2022 • 3 min read
The US Securities and Exchange Commission

SEC unveils new ESG fund disclosure and naming requirements

Aims to prevent greenwashing

Elliot Gulliver-Needham
clock 26 May 2022 • 2 min read