Edinburgh-based investment giant Standard Life Aberdeen plc said on Monday its new chief executive Stephen Bird has moved to strengthen his leadership team with four appointments.
Global head of distribution Campbell Fleming will leave the business as a result.
“Since his appointment as CEO at the start of September, Stephen Bird has been reviewing how best to align the leadership of the business to meet the changing needs of our customers and clients, and position the company for growth across the four existing vectors – asset management, adviser platforms, savings and wealth, and strategic partnerships,” said Standard Life Aberdeen.
“To support this structure, Alex Hoctor-Duncan, Noel Butwell, Julie Scott and Richard Charnock will join Stephen’s leadership team.
“As a result of these changes, Campbell Fleming, Global Head of Distribution, will leave the business.
“Since Standard Life Aberdeen’s merger in 2017, Campbell has led the company’s growth agenda and created a scalable distribution platform.
“He will leave the business at the end of the month.”
Hoctor-Duncan is SLA global sales director and head of EMEA distribution, Butwell is Standard Life Savings CEO, Scott is CEO of 1825 and Charnock is CEO of Aberdeen Standard Capital.
Standard Life Aberdeen said last month its assets under management and administration were about £545 billion.
Bird said: “Campbell has made an enormous contribution to Standard Life Aberdeen and previously to Aberdeen Asset Management.
“His tireless leadership, vision and insight have positioned the company for future growth and I am hugely grateful to him and wish him well.”
Fleming said: “It’s been a real pleasure and privilege over the last few years having achieved so much together.
“I wish Stephen, my colleagues, and Standard Life Aberdeen every success in building a better future for all , especially our clients and customers.”