Abrdn rejigs leadership team and forms committee to lead turnaround plan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2024
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Source: Reuters
Leadership Changes at Abrdn: Abrdn has restructured its leadership team, appointing Richard Wilson as Group COO and Xavier Meyer as CEO Investments, as part of a strategy to enhance performance and address significant outflows.
Focus on Transformation and Growth: The newly formed operating committee will prioritize improving decision-making and executing strategies to drive long-term growth, amid challenges from competition and rising costs in the asset management industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
