Abrdn names new Chief Sustainability Officer amid governance restructuring
The firm has announced a “transformation programme” aimed at cutting at least £150 million in annual costs by 2025.
UK asset manager Abrdn has named Dan Grandage as its new Chief Sustainability Officer. Company veteran Amanda Young exited the firm earlier this month amid record outflows and a governance restructuring.
Announced by Financial News, Young’s exit comes at a time of “significant strategic repositioning” for the FTSE 250 firm, which will also see its CEO Stephen Bird step down.
