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SLI and Aberdeen announce proposed management committee for combined business

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Standard Life and Aberdeen Asset Management have announced proposed appointments to the Investment Management Committee (IMC) of the combined investment management business.

This follows the shareholder approval given to the proposed merger of Standard Life plc and Aberdeen Asset Management PLC at General Meetings of each company on Monday 19 June 2017.
 
Rod Paris (pictured), Chief Investment Officer (CIO) for the Combined Group, will Chair the IMC, which will be made up of the following people from both businesses, subject to the completion of the merger: Brian Fleming – Global Head of Structured Solutions; Devan Kaloo – Global Head of Equities; Craig MacDonald – Global Head of Fixed Income (Credit, EMD and Aggregate Investing); Andrew McCaffery – Global Head of Client-Driven and Multi-Manager Solutions; Peter McKellar – Global Head of Private and Infrastructure Equity; David Paine – Global Co-Head of Real Estate; Sean Phayre – Global Head of Quantitative Investing; Mandy Pike – Global Head of Investment Execution; Guy Stern
– Global Head of Multi-Asset and Macro Investing; Archie Struthers – Global Head of Investment Governance and Oversight; Pertti Vanhanen – Global Co-Head of Real Estate.
 
The global investment heads will oversee and support a number of different investment processes within their franchises given the size, scale and ambition of the combined business. They will be supported by strong business management structures both within their own franchises and across the firm as a whole. 
 
At the point of merger completion there will be clear leadership for each asset class, and an aligned investment governance and control framework with teams and processes continuing to operate as before.
 
Keith Skeoch and Martin Gilbert, Co-CEOs of the combined business will have standing invitations to IMC meetings to maintain strong connectivity with our investment activities. In addition, regular attendees will be: Alan Coutts (Global COO, Investments), Ginny Richardson (Office of the CIO) and Euan Stirling (Global Head of Stewardship and ESG Investing).
 
Paris says: “To create a world-class investment company, the investment team must be at the heart of our business. The combined Investment Management Committee (IMC) will play a vital role in achieving this. The combined businesses have strong, complementary investment capabilities which will deliver greater investment insight and more choice for clients and customers. Together we will be broader and more diverse, respecting different investment philosophies and processes, incorporating the best talent and capabilities from both firms.  By combining our capabilities across equities, fixed income, multi-asset and solutions, real estate, private markets and hedge funds, we are creating a world-class investment company, with over 1,000 investment professionals and a truly global perspective.”

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