market

Abrdn finance chief Jason Windsor poised to replace Stephen Bird as chief exec


Abrdn finance chief Jason Windsor is poised to replace Stephen Bird as chief exec

Abrdn finance chief Jason Windsor is poised to replace Stephen Bird as chief exec

Abrdn finance chief Jason Windsor is set to replace Stephen Bird as chief executive.

Windsor has been interim boss since Bird stepped down in May after four tumultuous years in command that included overseeing a controversial rebrand which included a name-change from Standard Life Aberdeen to the vowel-less ‘abrdn’ in 2021.

Investors will hope, as half-year results are unveiled today, that Windsor can revive fortunes after profits have have been hit by clients withdrawing funds.

Abdrn said yesterday: ‘No decision has been made on the appointment of a new chief executive. When a decision is taken by the board, we will update the market.’

Before Abrdn, Windsor was chief financial officer for housebuilder Persimmon.

Shares fell 2.3 per cent, or 3.7p, to 160.5p.

DIY INVESTING PLATFORMS

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.