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Abrdn’s prominent CFO finally exits asset manager after Turbulent period

The chief financial officer of abrdn plc is planning to leave in the coming months after a turbulent period at the asset manager and a drive to improve returns.

Stephanie Bruce, one of the UK’s most high-profile women in finance who has been chief financial officer of abrdn since June 2019, is stepping down. The Edinburgh-based firm is searching for a replacement. “Stephanie initiated a conversation earlier in 2022,” the spokesperson said. “We are actively recruiting a replacement for her. There will be a smooth and orderly transition.”

Bruce leaves after a period of change under Chief Executive Officer Stephen Bird, who has been trying to stem fund outflows. Changes have included a rebranding from Standard Life Aberdeen to Abrdn

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