Abrdn sustainability chief Amanda Young leaves

Amanda Young

Amanda Young, chief sustainability oficer for the investment business of Abrdn, has left the company.

On an interim basis, Dan Grandage, head of sustainable investing, has taken over Young’s responsibilities.

Last month, Abrdn’s former head of sustainability insights and climate strategy Eva Cairns joined Scottish Widows as Head of Responsible Investments and Stewardship.

An Abrdn spokesperson said: “Amanda Young has left the business. Amanda joined abrdn 10 years ago and has made a significant contribution to the company and the growth and evolution of our sustainability credentials.

“In her most recent role as chief sustainability officer, Amanda has defined our sustainability strategy, simplified processes, structures and embedded sustainability across asset classes, products, client mandates, operations, compliance and marketing.

“We would like to thank Amanda for her commitment to the company and wish her well for the future.”

Abrdn said last month its first-quarter assets under management and administration (AUMA) rose 3.7% to £507.7 billion at March 31, 2024.

Assets under management at Abrdn’s investments business increased to £374.3 billion “primarily reflecting positive market movements across most asset classes.”