Standard Life Investments has made Archie Struthers its new head of investments, ahead of the retirement of the current head of investment process, Bill Lambert.
Mr Struthers, who was formerly global head of investment solutions at Aberdeen Asset Management, will take on the duties of Bill Lambert, who will retire in March after 13 years at Standard Life Investments and 27 years in the investment industry.
In his new role, Mr Struthers will report to Rod Paris, chief investment officer, with responsibility for investment governance, the investment operating platform, MyFolio and derivatives counterparty management.
Mr Paris said: “Archie has a blend of direct investment experience and client relationship management, across geographies, asset classes and investment channels which will equip him well for this broad investment management leadership role.
“His expertise from working in a multi-asset solutions role over the past 15 years is also an ideal fit for Standard Life Investments, as a market leader in multi-asset investing and investment solutions.”
Touching on the retirement of Mr Lambert, the CIO said: “I would like to thank Bill for his leadership and guidance in this important area of our business and for his significant contribution to Standard Life Investments, where he has played a major role helping to build a robust governance and investment management framework. I wish him a very long and happy retirement.”