Aberdeen Asset Management co-founder Martin Gilbert has joined wealth firm Saranac Partners as a non-executive director.
A press release described Gilbert as a longstanding supporter of the business, which describes itself as a private office that works with business owners and family offices, since it was founded in 2015.
He is already chairman of fintech business Revolut and Toscafund and a non-executive director at Glencore.
Saranac managing partner Tanvi Davda said Gilbert’s experience would be “invaluable” to the company’s growth. “He offers unrivalled credentials in this sector and will bring outstanding insight to Saranac Partners, as well as an unparalleled network of contacts,” she said.
His appointment was effective from 1 November.
Gilbert officially stepped back from the board of Standard Life Aberdeen at the company’s AGM in the midst of the coronavirus lockdown, which meant he had to address shareholders by video. He had spent 37 years combined at SLA and Aberdeen Asset Management.
When Aberdeen Asset Management and Standard Life had initially merged he had been co-chief executive with Keith Skeoch, but stepped back in March 2019 when the dual leadership structure was scrapped.
In June, SLA announced Skeoch would be exiting to be replaced by Citigroup veteran Stephen Bird.
See also: Martin Gilbert pays tribute to Aberdeen Asset Management co-founder
