SLI head of equities David Cumming to exit

Stan Pearson to become acting head of equities

David Cumming, head of equities at Standard Life Investments, is set to leave the company to pursue other interests.

Stan Pearson, head of European equities, has assumed the role of acting head of equities, while Andrew Millington, director of equity research, is now acting head of UK equities. Pearson has 32 years' experience in the industry and has been with SLI for a decade, while Millington has 13 years' experience, nine of them at SLI. Both will continue to manage their respective retail and institutional funds. Update: Aberdeen and Standard Life shares soar as groups confirm £11bn merger plans Cumming has been head of UK equities at SLI since March 2000 and was appointed to the company's bo...