Standard Life Aberdeen plc (LON:SLA) today announced that Gerhard Fusenig will stand down from the Board of the Company on 31 December 2018. Gerhard has been a non-executive director of the Company since August 2017, having served as a non-executive Director of Aberdeen Asset Management PLC since April 2016 and previously as a non-executive director on the Board of Aberdeen between 2009 and 2012 representing Credit Suisse, at the time, a significant shareholder in Aberdeen.
Sir Gerry Grimstone, Chairman, said: “I would like to thank Gerhard for his service to Standard Life Aberdeen during a period of change and development for the Group”.
Following this change, on 1 January 2019 the Board will comprise four executive directors, eight non-executive directors and the Chairman, and will be made up of three women and ten men.