M&G's CEO to retire as Aberdeen's Richards takes over

Anne Richards to leave her role at Aberdeen

M&G Investments' chief executive Michael McLintock is to retire from his role, to be replaced later this year by Aberdeen Asset Management CIO Anne Richards.

McLintock was appointed chief executive in 1997 and oversaw the company's acquisition by Prudential in March 1999. He first joined M&G in October 1992. Richards (pictured) will join Prudential from Aberdeen, subject to regulatory approval, where she currently holds the role of chief investment officer and is responsible for operations in Europe, the Middle East and Africa. Mike Wells, group chief executive of Prudential, said: "I would like to thank Michael for his exceptional contribution to M&G over the last two decades. "Under his leadership, M&G has grown to become one of Europ...