Aberdeen Standard Investments (ASI) has appointed Aileen Mathieson as its new global head of insurance following the retirement of Stephen Acheson after 37 years of service.
Mathieson will take responsibility of Aberdeen Standard’s global insurance remit in addition to her previous responsibilities as global head of strategic platform investment solutions.
Mathieson joined Aberdeen Standard in April last year from Zurich Insurance Group where she was chief investment officer and UK head of wealth management at Zurich UK.
Prior to this, she was CFO at Nucleus Financial Group, the wrap platform business.
Mathieson began her career in financial services at the Standard Life Group where she held roles as chief operating officer at Standard Life Savings and head of business performance at Standard Life Investments.
Aberdeen Standard manages around £270 billion (as at June 2019) on behalf of insurance clients located around the world.
Aberdeen Standard global head of distribution Campbell Fleming said: “Aileen has worked in various strategic roles throughout her career and has extensive experience in providing investment solutions to clients.
“With her depth of knowledge and experience, she is a natural fit for the position and will be invaluable in developing the strong client base previously nurtured by Stephen and his team.
“We thank Stephen for all his hard work over the years and wish him well in the future.”
Mathieson said: “I’m delighted to be appointed into this role. ASI has an impressive track record as a market leading manager of external insurance assets.
“The breadth and depth of our investment capabilities means we are well positioned to meet the evolving needs of insurers around the world.
“This is an exciting time for Insurers, particularly with the growing emphasis on ESG investing and the opportunity for Insurers to use more innovative investment solutions.
“I’m looking forward to working with the teams in ASI to continue to support clients in achieving their financial objectives and also in providing savings solutions for their own customers.”