Standard Life Aberdeen to name Sir Douglas Flint as new chairman - reports

Replacement for Gerry Grimstone

Jayna Rana
clock • 1 min read

Standard Life Aberdeen is due to announce Sir Douglas Flint as its new chairman in the coming weeks, following the announcement that current chairman Gerry Grimstone would be stepping down next year.

The group had been searching for a successor, which it planned to name next year, but finished the hunt ahead of schedule after choosing former HSBC chairman Flint, according to the FT. Flint stepped down as HSBC chairman in September 2017 after six years at the helm with former chief executive Stuart Gulliver. Prior to that, he was finance director at the bank. He found himself in the heat of the threat of a money-laundering scandal in 2011 and ill-judged acquisitions before the 2008 Global Financial Crisis but as chairman he was respected in the City for dealing with regulators. ...

To continue reading this article...

Join Professional Adviser for free

  • 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 Companies

Evelyn Partners reports 'elevated' outflows as volatility hits clients

Evelyn Partners reports 'elevated' outflows as volatility hits clients

Net flows remain positive at £345m

Isabel Baxter
clock 08 May 2025 • 2 min read
SJP complaints skyrocket as CMCs target clients

SJP complaints skyrocket as CMCs target clients

Ahead of historic advice review

Isabel Baxter
clock 07 May 2025 • 3 min read
M&A-hungry My Pension Expert enters £25m refinancing deal

M&A-hungry My Pension Expert enters £25m refinancing deal

Follows Tenet&You buy last year

Jen Frost
clock 29 April 2025 • 2 min read