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PEOPLE MOVES: Standard Life/Aberdeen, Killik, OMGI

Standard Life and Aberdeen have clearly defined the roles co-chief executives Keith Skeoch and Martin Gilbert will fill once the companies merge. Killik & Co’s Sarah Lord surprised many this week by announcing plans to move on from the company, while OMGI has parted ways with its fixed income head.

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Standard Life/Aberdeen

The boards of Standard Life and Aberdeen Asset Management have clearly outlined the responsibilities of Keith Skeoch and Martin Gilbert, who will be co-chief executives of the soon-to-be merged company.

Standard Life’s Skeoch will have individual accountability for the day-to-day running of the fabric of the combined business. This will include responsibility for investments, pensions and savings, the India and China insurance joint ventures, operations, finance, HR, risk and regulatory culture, as well as the legal and secretariat functions.

Aberdeen’s Gilbert will have individual accountability for external matters; including responsibility for international activities, distribution (including client engagement and business development), marketing and corporate development.

They will have joint accountability for communications and the post-merger integration programme.

Killik & Co

After more than seven years with Killik, Sarah Lord is to leave the business to pursue other opportunities within the industry. One of the UK’s most qualified female financial planners, Lord has not yet revealed her future plans.

A well-known figure in the UK and the UAE, where she headed up Killik’s wealth planning operation, Lord was made a partner of the business in October 2012.

Old Mutual Global Investors

Following a strategic review of its fixed income capability, which led to several senior appointments, OMGI has mutually agreed with Christine Johnson that the role of head of fixed income is no longer required.

Over the past two years OMGI made several high-profile changes within its fixed income team, led by Johnson, starting with the appointment of John Peta as head of emerging market debt (EMD) in March 2015.

Tim Barker was promoted to head of credit in December 2015 and Mark Nash appointed head of global bonds in June 2016.

During this time, Johnson reduced her fund management responsibilities. 

JP Morgan Asset Management

JPMAM has launched a dedicated team to promote its credentials in the environmental, sustainable and governance (ESG) space.

Led by Jamie Kramer, head of strategic product management and ESG lead for global investment management, the sustainable investment leadership team will bring together portfolio managers, client advisers and senior leaders from the business to coordinate and drive the group’s strategy on ESG investing.

Fidelity International

Fidelity International has appointed Ewan Montgomery to the role of portfolio manager, real estate where he will be responsible for UK wide investment and asset management.

He has over 20 years’ experience in the real estate arena having worked for CBRE, Aberdeen Asset Management and latterly Cording Real Estate Group where he was director of investment for UK commercial property.

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