Aberdeen Standard Investments appoints new Global Head of Insurance

Aberdeen Standard Investments (ASI) has appointed Aileen Mathieson as its new Global Head of Insurance following the retirement of Stephen Acheson. In leading the Global Insurance team, Aileen will take responsibility of ASI’s global insurance remit in addition to her previous responsibilities as Global Head of Strategic Platform Investment Solutions.

With over 13 years’ experience in the finance sector, Aileen joined ASI in April last year from Zurich Insurance Group where she was Chief Investment Officer and UK Head of Wealth Management at Zurich UK. Prior to this, she was CFO at Nucleus Financial Group, a wrap platform business. Aileen began her career in financial services in the Standard Life Group where she held roles as Chief Operating Officer at Standard Life Savings and Head of Business Performance at Standard Life Investments.

ASI already manages around £270 billion (as at June 2019) on behalf of insurance clients located around the world. Aileen will now work with the wider insurance team at ASI to build upon its strong client base and growth opportunities.

Campbell Fleming, Global Head of Distribution at ASI commented:

“Aileen has worked in various strategic roles throughout her career and has extensive experience in providing investment solutions to clients. With her depth of knowledge and experience, she is a natural fit for the position and will be invaluable in developing the strong client base previously nurtured by Stephen and his team. We thank Stephen for all his hard work over the years and wish him well in the future.”

Commenting on her appointment, Aileen Mathieson said:

“I’m delighted to be appointed into this role. ASI has an impressive track record as a market leading manager of external insurance assets. The breadth and depth of our investment capabilities means we are well positioned to meet the evolving needs of insurers around the world. This is an exciting time for Insurers, particularly with the growing emphasis on ESG investing and the opportunity for Insurers to use more innovative investment solutions. I’m looking forward to working with the teams in ASI to continue to support clients in achieving their financial objectives and also in providing savings solutions for their own customers.”

Stephen Acheson retired from the company at the end of December following 37 years’ service.

Ends

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Dannielle McAllister
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Notes to editors

• Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients. With over 1,000 investment professionals, we manage £525.7 billion* of assets worldwide. We have clients in c.80 countries supported by over 40 offices globally. This ensures we are close to our clients and the markets in which we invest. (*as of 30 June 2019)
• We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
• Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange.
• You can access the Aberdeen Standard Investments media centre here: https://www.aberdeenstandard.com/news-and-media

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