InvestmentsFeb 26 2020

Standard Life appoints director in digital push

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Standard Life appoints director in digital push

Financial services conglomerate Standard Life Aberdeen has appointed technology industry veteran Brian McBride to its board. 

Mr McBride is currently chairman of online ticketing company Trainline, and is a senior adviser to Lazard's financial advisory business. 

He previously worked as managing director of Amazon in the UK, and chief executive of T-Mobile in the UK. 

He has also chaired online retailer Asos in the past, and been a director of another online retailer, AO.com.

Mr McBride will join Standard Life Aberdeen as a non-executive director. He will be paid £73,500 for this role and an additional £10,000 a year for being on the remuneration committee. He can also retain all of his other roles.

Sir Douglas Flint, chairman of Standard Life Aberdeen, said the appointment of Mr McBride was part of his strategy to develop the technological capabilities of the business.

In a stock market announcement this morning (February 26) confirming the appointment he said: "I am delighted to welcome Brian to the board. As we position our businesses for a more technology driven future, his direct experience of developing digital strategies and solutions in consumer-facing businesses tackling rapidly evolving markets will be of great benefit to our discussions."

Martin Gilbert, who co-founded Aberdeen Asset Management and is currently deputy chairman of Standard Life Aberdeen, will leave the board of the company in 2020.

david.thorpe@ft.com 

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