Standard Life CEO Keith Skeoch to Stand Down
- Former Citigroup executive Stephen Bird will take over as CEO
- Standard Life Aberdeen has struggled since its 2017 creation
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Keith Skeoch is stepping down as head of Standard Life Aberdeen Plc, the latest high-level departure from the asset manager that has struggled since its creation in a 2017 merger.
Skeoch, who first shared the helm with Martin Gilbert following the tie-up, became sole chief executive officer last year. He’ll be replaced by Stephen Bird, former head of global consumer banking at Citigroup Inc., who will likely take over by the end of the third quarter, according to a company statement on Tuesday.