Abrdn plc announced that Pam Kaur will not seek re-election at the company’s Annual General Meeting on May 8, 2025, and will stand down from that date as a non-executive director.

“The board of Abrdn plc announces that as a consequence of her appointment as Group Chief Financial Officer and an Executive Director of HSBC Holdings plc with effect from 1 January 2025, Pam Kaur has advised that she will not seek re-election at the Company’s Annual General Meeting on 8 May 2025 and will stand down from that date as a Non-Executive Director.”

Abrdn chairman Douglas Flint said: “Probably no one knows better the weight of responsibility of the role Pam is about to take on than I do.

“On behalf of the Board and all my colleagues, I would like to congratulate Pam once again on this landmark appointment and thank her for her significant and continuing contribution to Abrdn and our Board and Committee discussions; we shall miss her”. 

Flint served as Group Chairman of HSBC Holdings plc from 2010 to 2017. For 15 years prior to this he was HSBC’s group finance director.

Following this change, the Abrdn board will comprise one executive director, seven non-executive directors and the chairman.