On 24 May 2024, abrdn announced the commencement of the process of moving to fresh leadership, following the strategic repositioning of the company to a specialist asset manager, and a digitally-focused wealth manager.

A formal succession process was initiated at that time, supported by an external search firm, which resulted in the board considering a number of candidates for the role, both internal and external, in line with the group’s long term succession planning.

Sir Douglas Flint, chairman of abrdn, said: “I am delighted that Jason emerged from what was a very thorough process as the unanimous choice of the board to lead abrdn in its next phase.

“He has made a huge impression both internally and externally since he joined abrdn, particularly as someone whose actions evidence he cares deeply about our clients and customers and our people. I very much look forward to working with him as our new CEO.”

Mr Windsor said: “I am honoured to have been chosen to lead abrdn.

“I see significant headroom in each of our three core businesses, with the potential to generate a step-change in performance for our clients and customers, and for our shareholders.

“My job now is to work with the talented team at abrdn to realise this opportunity and to build a more efficient, growing business with a culture that sustains long-term success.”

Following the remuneration policy approved by shareholders at the 2024 AGM, Mr Windsor will receive an annual salary of £800,000 from 10 September 2024.

Ian Jenkins will continue in the role of abrdn’s interim group CFO. A search process for a permanent appointment into the group CFO role will now be commenced.