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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Abdn.Asset.Man. | LSE:ADN | London | Ordinary Share | GB0000031285 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 317.60 | 313.00 | 313.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5781R Aberdeen Asset Management PLC 03 November 2003 Aberdeen Strengthens Senior Management Team Aberdeen Asset Management today announces the appointment of Andrew Laing, Chief Operating Officer, as a director of Aberdeen Asset Management PLC from 1 January 2004. This appointment recognises the key strategic importance of operational infrastructure in the development of Aberdeen's business, as client and regulatory demands grow as a result of the acquisition of Edinburgh Fund Managers. Additionally, Anne Richards, previously Joint Managing Director, Edinburgh Fund Managers, is appointed as Chief Investment Officer for the Aberdeen Group. Anne succeeds Katherine Garrett-Cox, who has taken the decision not to return to Aberdeen following her maternity leave. As part of this, Anne is automatically appointed to Aberdeen's Executive Committee. Martin Gilbert, Chief Executive, commented: "I am delighted to have secured Anne's services in this critically important role. She performed her role at Edinburgh Fund Managers well in often difficult circumstances, and has gained respect from the investment community in doing so. I have no doubt that Anne will add considerable value in her new role in the enlarged Group. "At the same time, I am personally sad to see Katherine go, although I fully respect her decision. We wish her well. I would like to thank her for her immensely valuable contribution over the past three years in her role as Chief Investment Officer, particularly in the development of both the investment process and a loyal team-based culture within the investment division." Anne will assume the chairmanship of Aberdeen's key Investment Committee, which also includes Hugh Young, Head of Equities, and Rod Davidson, Head of Fixed Interest. This Committee is responsible for all matters relating to investment management for the Group and in particular oversees, and monitors adherence to, the strong investment process which is in place across the Aberdeen Group. Anne will also take the lead role for the Group in a number of important client relationships. Contacts: Aberdeen Asset Management 0207 463 6000 Martin Gilbert Gavin Anderson & Company 0207 554 1400 Neil Bennett/ Mark Lunn Editors' Notes Andrew Laing practiced law prior to joining Aberdeen Asset Management in 1986. He was appointed Chief Operating Officer in 1998. Prior to joining Edinburgh Fund Managers in 2002, Anne Richards was managing director and head of one of the institutional teams at Merrill Lynch Investment Management. She previously held a senior investment management role at J.P. Morgan. This information is provided by RNS The company news service from the London Stock Exchange END MSCUUGRUGUPWUMW
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