REG - abrdn PLC - Directorate Change

AberdeenAnnouncement

09/03/2023 09:00

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RNS Number : 4220S  abrdn PLC  09 March 2023

abrdn plc

 

Directorate Change

Stephanie Bruce steps down as Chief Financial Officer of abrdn plc

 

abrdn plc ("abrdn" or "the Group") announces that, in line with the succession
planning process announced on 23 December 2022, Stephanie Bruce has agreed
with the Board of abrdn that she will not seek re-election at the Company's
Annual General Meeting on 10 May 2023 and that Stephanie will step down as
Chief Financial Officer and as a Director of abrdn at the conclusion of that
meeting. Stephanie will remain with the Group until 31 December 2023 to
support an orderly transition and an announcement regarding her successor will
be made in due course.

 

Sir Douglas Flint, Chairman of abrdn, said:

 

"On behalf of the Board I would like to thank Stephanie for everything she has
achieved at abrdn over the last four years. This has been a period of major
transformation and she has contributed significantly to that journey, leading
the communication of our financial performance while ensuring that the Group
maintained and reinforced its strong capital position. She leaves in due
course with our best wishes as she builds her career outside the Group".

 

Stephanie Bruce, said:

 

"I am immensely proud that during my time at abrdn, despite the backdrop of
significant external headwinds, we have strengthened the balance sheet,
invested in scale and capabilities, returned significant capital to
shareholders and, with the commitment and determination of so many colleagues,
focused relentlessly on our clients and our shareholders.  Today the Group
is in a stronger position to build on these foundations with a more
diversified profile for its next phase of growth".

 

9 March 2023

 

Enquiries:

 

 Media

 Andrea Ward                     +44 (0) 7876 178 696
 Institutional Equity Investors

 Catherine Nash                  +44 (0) 7798 518 657
 Group Secretariat

 Paul McKenna                    +44 (0) 7736 853 801

 

 

Notes

This announcement is made pursuant to Listing Rule 9.6.11.

 

Stephanie's exit remuneration terms will be set under the Company's Directors'
Remuneration Policy as approved by shareholders at the 2020 AGM. A more
detailed RNS outlining them will be issued when she steps down from the Board.

 

LEI number of abrdn plc: 0TMBS544NMO7GLCE7H90

 

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