Aberdeen merges retail and insto teams

22 November 2011
| By Tim Stewart |
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Following an internal structure review, the Australian arm of UK-based Aberdeen Asset Management has integrated the retail and institutional sides of its business development and client services teams.

Stuart James has been appointed to the newly created role of deputy head of distribution. He will continue to be the local representative of Aberdeen’s international equity offerings in Australia.

James has 15 years experience with Aberdeen and will report to managing director and head of distribution Brett Jollie.

Alex Haynes has been promoted to head of business development, and Amanda Young will move into the role of client services.

Haynes was previously the head of Aberdeen’s retail business development team, while Young was head of institutional client services. Haynes and Young will both report to James.

Stephen Dennis, who was previously head of institutional business development, has left Aberdeen.

The restructure will better align the distribution efforts of Aberdeen, and will make more efficient use of the skills of the entire team, according to Jollie.

“Meeting the needs of our clients remains our number one priority, and having the right people and structures in place is the best way of ensuring we continue to deliver this,” Jollie said.

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