Keith Skeoch, chief executive of Standard Life, said: “We have made further progress in the first three months of 2017 with inflows from our growth channels, including notable growth in flows in our pensions and savings business.
“This has been supported by strong investment performance over the short and long-term.
“We continue to benefit from diversifying our sources of assets, and this strategy will be further enhanced by our proposed merger with Aberdeen.”
Skeoch, along with Aberdeen’s CEO Martin Gilbert, will become co-CEOs of the newly-combined group following completion of the merger.
Sir Gerry Grimstone will become chairman of the newly-combined group’s board with Aberdeen’s Simon Troughton stepping in as deputy chairman.
Aberdeen’s CFO Bill Rattray, and Standard Life Investments Limited’s CIO Rod Paris, will become CFO and CIO of the new firm respectively.
