People Moves
abrdn Makes Changes To Senior Leadership

The firm says the changes are about having the right people in the right roles, sharpening its focus on clients, and strengthening its investments business.
abrdn, the UK-headquartered asset manager, has introduced a new senior leadership structure. It said the change will simplify decision-making and accelerate progress towards various goals, improve performance and client experience.
The firm has also formed a new group operating committee, comprising seven people including the group CEO, chief operating officer and chief financial officer, and the business unit CEOs. The committee’s aim is to transform the group’s performance and speed up decision-making, the firm said in a statement.
The executive leadership team has also been reframed to concentrate on strategy, the talent and culture agenda, and the risk and control environment. This group will include new representation: its investments CIO and senior client and product colleagues will be joining to provide a clear focus on client outcomes and deliver the group’s growth and efficiency objectives.
Alongside this new structure, abrdn is also making changes to its senior leadership team:
Xavier Meyer, who has been appointed as CEO investments, has almost 25 years’ experience in the asset management industry, working in global executive roles, including 14 years living and working in Asia. Having spent the last two years as abrdn’s chief client officer, Meyer brings a deep understanding of the firm’s clients’ businesses and perspectives. Based in the UK, he is succeeding Rene Buehlmann, who is leaving abrdn.
Richard Wilson, who has more than three decades of experience delivering change, will become group chief operating officer. He will be taking overall responsibility for technology and managing IT and operations.
David Scott, who has served as chief technology officer “with distinction,” will retire but continue as chief executive of interactive investor, supported by his experienced leadership team.
“These changes are about having the right people in the right roles, sharpening our focus on clients, and strengthening our investments business. By working together, the new leadership team will drive profitable long-term growth that will benefit our shareholders, our clients and our colleagues,” Jason Windsor, chief executive of abrdn, said.