Speculation over next move

Gilbert leaving Standard Life Aberdeen for fresh challenge

Martin Gilbert

Martin Gilbert: ‘incredible journey’ (pic: Terry Murden)

Asset management industry veteran Martin Gilbert is to retire from Standard Life Aberdeen next year, ending a long association with the company.

He will not seek re-election to the board at its annual meeting in May, and will leave next September.

His decision is likely to heighten speculation over his further involvement in the challenger fintech bank Revolut where he is tipped to become chairman. In July Standard Life Aberdeen denied he would be leaving the company.

In a statement today he said he is looking forward to “fresh challenges”.

Mr Gilbert founded Aberdeen Asset Management in the early 1980s and merged the business with Standard Life in 2017.

He controversially shared chief executive duties with SL’s Keith Skeoch until the roles were split this year and he became vice chairman.

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