Appointments update 8 October 2019

Barnett Waddingham has appointed Andrew Vaughan as senior partner.

The announcement follows the news that Nick Salter will be stepping down as senior partner on 1 June 2020. Having co-founded the business in 1989, Salter will remain a partner and will still be a member of the firm’s management board. Vaughan joined Barnett Waddingham in 2011 and brings “extensive experience” to his new role.

Ashburton Investments has named Sizwe Nxedlana as its new CEO.

Nxedlana will replace Boshoff Grobler, who moved to FirstRand Group Treasury last month. Nxedlana has been with FirstRand Group for more than a decade, previously as First National Bank’s chief economist and most recently as CEO of FNB’s wealth and investment activities. Nxedlana remains CEO of FNB’s Wealth and Investments business.

Aberdeen Standard Investments has announced that Martin Gilbert will step down as its CEO.

Gilbert steps down after nearly forty years with the firm. He co-founded Aberdeen Asset Management in the 1980s before it merged with Standard Life in 2017. He became vice-chairman of the group and chairman of Aberdeen’s investment arm in March 2019. He was the longest serving boss of a FTSE 100 company but will not seek re-election.

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