He is set to join the firm in mid-June 2025 from Northern Trust Asset Management, where he was executive vice president and head of international.

Mr McCareins will sit on Aberdeen’s Group executive leadership team. He brings more than 25 years of institutional investment and advisory experience, with a proven track record of leading and growing high performing cross-functional teams across geographies and asset classes.

He most recently led Northern Trust Asset Management’s international business from London, including APAC and EMEA, and prior to that led its APAC business based in Hong Kong, having spent his early Northern Trust career in his home town of Chicago in the Multi-Manager Solutions Practice. Mr McCareins will be responsible for Aberdeen Investments’ global commercial franchise, including strategic partnerships, business development, client experience and advancing its solutions capabilities across insurance companies, pension funds, sovereign wealth funds, financial institutions and wealth managers. He will be based at Aberdeen’s London office in this global role.

Xavier Meyer, CEO of Aberdeen Investments, said: “John is the perfect fit to accelerate our growth momentum as we enter a new phase of our development.

“I’m confident that he will have a meaningful impact for Aberdeen and for our clients. John combines a proven track record of delivering strong organic growth and exceptional client service, with an emphasis on people, solutions and process.

“We look forward to welcoming him into our outstanding teams as we continue to attract the best people and strengthen our client experience.”

Mr McCareins said: “This is a very exciting time for Aberdeen Investments as it focuses on its core offering, leaning in on areas of strength, including public and private Credit, Real Assets, and Specialist Equities, where it has real scale and heritage.

“I’m proud to join a group with significant reach, relevance and relationships, helping both institutional and retail investors build long-term financial resilience.

“This is a time of change and transformation, and it is exciting to be part of that story. I look forward to working with the team and with clients as we look to realise the full potential of Aberdeen’s Investments business.”