Standard Life Investments appoints new CEO

Templeton veteran Michael Reed takes on the role left vacated by Kevin Smith.

Standard Life Investments Asia has filled the gap left following the departure of former chief executive officer Kevin Smith by bringing in Michael Reed from Franklin Templeton to take on the role as CEO. Effective April, Reed will be expected to drive a business that currently manages around $3.45 billion of assets.

Reed takes over the role from James Aird, who was appointed acting chief executive officer in January 2005 following the departure of Kevin Smith, the then CEO who left the firm for a senior position with ABN AMRO in London. Upon Reed's ascension to the role, Aird will return to Edinburgh as head of business development and marketing....

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