Keith Skeoch, the former head of Standard Life Aberdeen, has been included in the King’s new year’s honours list for his services to finance.
Skeoch (pictured) becomes a Knight Bachelor, in part for his work while chairing the board of the Investment Association (IA). His extensive contribution to government work through the Asset Management Taskforce was given an honourable mention, while he also received credit for his role in implementing the UK stewardship code during his time as interim chair of the Financial Reporting Council.
Skeoch was also lauded for chairing a successful review into the UK’s ring-fencing legislation. The ensuing report was published in March 2022, and was “well-received” by government and industry alike, according to the honours list.
It added: “This strong contribution to the public good, given the importance of a well-functioning and adaptive banking framework, protects depositors, taxpayers and the economy from banking crises.”
Skeoch stepped down from the IA board, alongside Phillippe d’Orgeval, the former UK CEO of Axa IM, and ex-Jupiter CEO Andrew Formica, in September.
He left his role as CEO of Standard Life Aberdeen, now Abrdn, in 2020, after 14 years as a director.