Aberdeen Standard has appointed BlackRock’s former retail boss as its new global head.
Alex Hoctor-Duncan has been appointed as the new global head of Aberdeen Standard Investments, with responsibility for its global client-facing asset management distribution function. He will report directly to Stephen Bird, chief executive of Standard Life Aberdeen.
“I am delighted to have Alex join my leadership team,” Mr Bird said.
“It is important that our clients feel confident in the strength of our partnership and the value we can provide. We need to connect more as when we listen intently to our clients and fulfil their needs effectively, quickly and consistently – we will build a sustainable pattern of growth and achieve our purpose of investing for a better future”.
Mr Hoctor-Duncan joined Aberdeen Standard in 2018 as global sales director after spending 21 years at BlackRock. His last role with the asset management giant was as head of retail.
“I am looking forward to working more closely with Stephen, and the rest of the executive leadership team, as I take a razor-sharp focus to delivering on our asset management business’ potential for growth,” Mr Hoctor-Duncan said.
“In my two years at Aberdeen Standard Investments, we’ve taken excellent steps forward and I’m delighted with what we’ve achieved for clients, particularly in the midst of a pandemic, but there’s much more we can do and I’m excited for the next stage”.