Asset Management

Ex-Aberdeen brand boss: Abrdn name ‘was clearly problematic’

Simon Bailey says asset manager had four-month window to come up with a name after selling the Standard Life brand to Phoenix Group

FTSE 250 asset manager recently ditched Abrdn in favour of Aberdeen, four years after previous chief executive Stephen Bird made the change
FTSE 250 asset manager recently ditched Abrdn in favour of Aberdeen, four years after previous chief executive Stephen Bird made the change

The former global head of brand and marketing at Aberdeen has spoken out about the asset manager’s rebrand in 2021, saying the Abrdn moniker was “the first name out of the blocks” and ultimately failed due to a lack of “cohesion and consistency in execution”.

Simon Bailey, who worked for more than a decade at the Edinburgh-headquartered group until the end of 2022, said the “awkward truncated name” it chose to replace Standard Life Aberdeen partly came about due to time pressures.

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