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Abrdn PLC (LSE:ABDN) has officially appointed Jason Windsor as Chief Executive Officer on a permanent basis, following a comprehensive search that included evaluating external candidates. Windsor, who was previously the Group Chief Financial Officer, had been serving as interim CEO since May, succeeding Stephen Bird, who departed after a four-year tenure marked by a significant decline in the asset management firm's share price.
The FTSE 250-listed company announced that the board's formal succession process reviewed a range of candidates before selecting Windsor. Chairman Sir Douglas Flint praised Windsor as "the unanimous choice of the board to lead Abrdn into its next phase." Flint commended Windsor's strong internal and external impact since joining Abrdn, highlighting his demonstrated commitment to clients, customers, and employees. Flint expressed enthusiasm about working with Windsor in his new role.
Windsor shared his vision for the company, noting substantial potential for growth in Abrdn's three core businesses. He believes there is significant opportunity to enhance performance and create value for clients, customers, and shareholders.
Meanwhile, Ian Jenkins will continue to serve as interim Group Chief Financial Officer. Abrdn has initiated the search for a permanent CFO to fill this position.
The appointment of Windsor as CEO and the ongoing search for a permanent CFO mark a pivotal moment for Abrdn as it seeks to navigate the next phase of its development and growth.
