Abrdn appoints Xavier Meyer as investments CEO in restructure
Follows £3.1bn net outflows in Q3 results last month
Follows £3.1bn net outflows in Q3 results last month
Has been interim group CEO since May 2024
The business was impacted by outflows and lower margins in its Investments arm
Jason Windsor to step in as interim group CEO while the board conducts a search process to appoint a successor