Charles Stanley CIO Paul Abberley has been confirmed as the business' new chief executive after the Financial Conduct Authority approved his appointment.
Abberley (pictured) replaces Sir David Howard, who stepped down as chief executive in September after 40 years in charge, in accordance with EU rules demanding firms separate the roles of CEO and chairman. Howard remains as non-executive chairman of the group, while Abberley takes over as CEO and a member of the Charles Stanley board as of today. Previously chief executive of Aviva Investors, Abberley joined the business this July as chief investment officer-designate. Howard said last month that Abberley "stood out amongst a strong field of candidates, both internally and external...
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