Abrdn on Tuesday said interim chief executive officer Jason Windsor will continue as the asset manager’s permanent chief executive, succeeding Stephen Bird.
The Edinburgh-based investment company said Windsor’s salary with effect from Tuesday will be £800,000 per annum although his appointment remains subject to regulatory approval.
Windsor left housebuilder Persimmon (PSN) and joined abrdn as chief financial officer in October last year. He took on his interim chief executive role in May.
This followed the resignation of Stephen Bird who stepped down after four years as chief executive to allow the company to pursue a “strategic repositioning” towards becoming a specialist asset manager under fresh leadership.
“I am delighted that Jason emerged from what was a very thorough process as the unanimous choice of the board to lead abrdn in its next phase,” company chair Douglas Flint said.
“He has made a huge impression both internally and externally since he joined Abrdn, particularly as someone whose actions evidence he cares deeply about our clients and customers and our people.”
Abrdn said a search is now underway to find a permanent replacement for Ian Jenkins, who will continue for the time being as interim chief financial officer.
Abrdn shares were down 0.3% at £1.47 each in London on Tuesday morning.
By Elijah Dale, Alliance News reporter
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