Friday Briefing: What it takes for a CFO to step-up as CEO

Friday Briefing

Eve Maddock-Jones
clock • 7 min read

Both Schroders and abrdn ushered in new eras this week for their businesses, as their respective CFOs were officially announced as the new group CEOs.

abrdn gave Jason Windsor the top job on a permanent basis, after holding the role as interim since May. Jason Windsor confirmed as group CEO of abrdn Meanwhile Richard Oldfield takes over Schroders', succeeding Peter Harrison, effective from 8 November 2024. CFOs stepping up to CEO not an uncommon event, but I wanted to understand what it takes to be a good CEO of a FTSE firm today, and how naturally the CFO skill set lends itself to the lead role. I posed this to executive recruitment and management consultancy expert Mike Trollope, a partner at Eton Bridge Partners, who said t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on People moves

AXA IM Core poaches abrdn's Dominic Byrne as head of global equities

AXA IM Core poaches abrdn's Dominic Byrne as head of global equities

After more than two decades at abrdn

Sorin-Andrei Dojan
clock 17 September 2024 • 2 min read
CFA UK chief executive Will Goodhart to step down after nearly 18 years

CFA UK chief executive Will Goodhart to step down after nearly 18 years

Search for successor begins

Sorin-Andrei Dojan
clock 17 September 2024 • 1 min read
Head of GAM Systematic Chris Longworth exits

Head of GAM Systematic Chris Longworth exits

Replaced by Erk Subasi

Cristian Angeloni
clock 17 September 2024 • 1 min read
Trustpilot