$562 Billion Asset Manager Aberdeen Standard Investments Appoints René Buehlmann as New APAC CEO
1st Feb 2021 | Singapore
Aberdeen Standard Investments (ASI), the UK global asset manager with more than $562 billion AUM (Assets under Management), has appointed René Buehlmann as the new Asia-Pacific CEO, effective on the 1st of March 2021. René Buehlmann succeeds Hugh Young, who will take on his new role as Aberdeen Standard Investments Chairman of Asia.
” $562 billion Asset Manager Aberdeen Standard Investments Appoints René Buehlmann as new APAC CEO “
René Buehlmann as Asia-Pacific CEO will drive Aberdeen Standard Investments business in the region by accelerating growth in Asia-Pacific through Aberdeen Standard Investments’ global investment capabilities. Based in Singapore, he will join the Executive Leadership Team and report to Stephen Bird, CEO of Standard Life Aberdeen.
René Buehlmann, 30 Years in Global Wealth & Asset Management
René Buehlmann has over 30 years experience in global wealth and asset management, corporate banking and financial markets, including 29 years with UBS.
At UBS, he was most recently the Head of Asset Management Asia Pacific and Global Head of Wholesale Client Coverage.
Hugh Young, New Chairman of Aberdeen Standard Investments, Asia
Current CEO Hugh Young, in his role as Chairman Asia of Aberdeen Standard Investments (ASI), will continue to champion ASI’s business in the region.
He will provide strategic counsel to René and retain his director positions on fund and UK investment trust boards.
Stephen Bird, CEO, Standard Life Aberdeen:
“The Asia Pacific region is core to Standard Life Aberdeen’s growth strategy. René’s wealth of experience in asset and wealth management, deep knowledge of key client segments and a proven record of developing a strategic business will support our growth ambition. His acute understanding of client needs and evolving investment trends will be vital, as we focus on the significant opportunities in the region and delivering a diverse array of future-fit investment solutions to our clients.
Hugh has been instrumental in establishing a solid foundation for our Asia Pacific business, building a deep bench of talent and delivering quality investment outcomes, putting the region on a sustainable growth path. I want to thank him for his enormous contribution to the business over the 35 years. We are delighted that he has agreed to stay on as Chairman Asia, his counsel and strategic advice will be invaluable as René transitions into the role.”
Hugh Young, Chairman of Aberdeen Standard Investments, Asia:
“I am pleased to hand over leadership of our APAC business to an established leader like René.
With a focused strategy, an unparalleled range of asset class capabilities and strong investment performance, the business is extremely well positioned to embark on the next stage of growth.”
René Buehlmann, Incoming CEO of Aberdeen Standard Investments, Asia-Pacific:
“The growing demand from clients for innovative solutions to address their investment and retirement needs, combined with Aberdeen Standard Investments’ proven Asian and global investment expertise, presents tremendous opportunities for the business.
I am excited to take on this role and look forward to contributing to the company’s continued success in Asia Pacific.”
Aberdeen Standard Investments
Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients. With over 1,000 investment professionals, we manage $562.9 billion (£455.6 billion, June 2020) of assets worldwide. We have clients in 80 countries supported by over 40 offices globally. This ensures we are close to our clients and the markets in which we invest.
Standard Life Aberdeen is headquartered in Scotland, with over 1 million shareholders and is listed on the London Stock Exchange.