Richard joined abrdn in May 2022 following our acquisition of interactive investor (ii) and was appointed CEO of our Personal vector in August 2022. He leads our Financial Planning, Discretionary and Digital Solutions businesses, alongside ii, which operates as a standalone business.
Richard originally joined the ii board as a non-executive director in 2015, before taking over as Chief Executive Officer in March 2017. Under his leadership the company has grown significantly, becoming the UK’s largest flat-fee investment platform through a series of successful acquisitions and organic growth. His passions for service and people have been central to his career and are at the heart of everything ii stands for.
Richard began his career as an operations clerk at Société Générale, with his lattermost role being Chairman of Newedge UK Financials Ltd, the global derivatives broker. For three decades Richard has been driving and delivering change across the finance industry, including roles as Chief Technology Officer, Chief Operating Officer and Chief Executive Officer at institutional and retail brokers and banks in Europe and the USA.
He is a non-executive director of the Personal Investment Management & Financial Advice Association (PIMFA), the UK trade association for firms that provide investment management and financial advice. He is also non-executive director of First Bank SA, a Romanian bank which is majority owned and managed by US investment firm J.C. Flowers & Co, and the Medical Research Network, a leading clinical trials organisation.
Richard holds an MBA from Columbia Business School.