Charles Stanley has appointed Paul Abberley as its new chief executive, succeeding Sir David Howard, who had announced his decision to step down in September.
The company said Abberley will assume the role of "CEO-designate" in the interim period before receiving approval from the Financial Conduct Authority (FCA).
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Abberley joined Charles Stanley in June this year as chief investment officer; before that he was interim chief executive at Aviva Investors.
He has also worked for ABN Ambro Asset Management.
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