Martin Gilbert adds River and Mercantile board position to growing portfolio of roles

Aberdeen Asset Management co-founder also has roles at Glencore, Toscafund, Revolut and Saranac Partners

Standard Life Aberdeen challenges Lloyds over axed £109bn contract

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Martin Gilbert has added to his growing portfolio of roles by joining the board of River and Mercantile Group (RMG) as deputy chairman.

River and Mercantile chairman Jonathan Dawson said Gilbert has an “exceptionally distinguished career in asset management”.

“He brings huge experience of the sector to RMG and we all look forward to working with him to develop RMG into a substantial growth business,” he added.

Gilbert described RMG as “a business with great potential”.

He added: “In the current environment there are market opportunities for RMG, both organic and through acquisitions, that can drive shareholder value and I look forward to working with the board to help progress this development.”

Gilbert co-founded and then became chief executive at Aberdeen Asset Management which merged with Standard Life in 2017. He left Standard Life Aberdeen in September last year.

See also: ‘A dumb idea from the off’: Standard Life Aberdeen drops co-CEOs

He is currently chairman of Revolut, a senior independent director at Glencore and chairman of multi-asset asset manager Toscafund.

In November it was announced Gilbert had joined wealth firm Saranac Partners as a non-executive director.

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