abrdn plc announced that it is beginning the process of moving to fresh leadership, having completed the critical first stage of its transformation into a modern and digitally-focused specialist asset and wealth management company. Following the significant strategic repositioning of the company, the Board and Group CEO, Stephen Bird, have together agreed that it is the right time for Stephen to hand over the reins to the team he has assembled over the last four years to drive the business forward. Jason Windsor, currently Group Chief Financial Officer, has been appointed as Interim Group CEO, subject to regulatory approval, while a formal search process, which will include consideration of external candidates, is completed.

Jason will focus on the execution of the Group's strategy and transformation plans, and Stephen will work alongside Jason until 30th June, which marks the four-year anniversary of his appointment, to ensure a smooth handover.