Abrdn PLC — Board/Management Information 2026

Jun 3, 2026

National Storage Mechanism | Additional information

RNS Number : 7312G

Aberdeen Group PLC

03 June 2026

Aberdeen Group plc

Non-executive director appointments

Aberdeen Group plc announces that Arno Kitts and Richard (Rick) Lacaille have been appointed to the Board as Non-Executive Directors with effect from 3 June 2026. They will put themselves forward for election by shareholders at the 2027 AGM.

Arno Kitts has over 30 years' experience in global asset management and insurance, having held senior leadership roles at BlackRock, Henderson Global Investors and JP Morgan. At BlackRock, he was Managing Director of the UK Institutional business and Chief Executive of its life insurance investment platform. He is the founder of Perspective Investments, a boutique investment management firm. He has also served as a Non-Executive Director of Pension Insurance Corporation plc, where he chaired the Investment and Origination Committee. His combination of investment, distribution, insurance and governance expertise will be a valuable addition to the Board. Arno is currently Chair of New World Group Holdings Limited and a member of the Investment Committee of The Valesco Group Limited.

Rick Lacaille is a highly experienced investment leader, having spent over 20 years in senior roles at State Street Global Advisors, latterly as Global Chief Investment Officer, where he had oversight of investment activity across active and passive strategies and multiple asset classes. He brings extensive experience of leading global investment teams, navigating complex market environments and driving strategic change across economic and market cycles. Rick also has deep experience in ESG having most recently served as Global Head of ESG at State Street, where he led the firm's approach to sustainability and engagement with regulators, clients and investors. His global perspective and understanding of markets and evolving regulatory themes will bring considerable value to the Board. He is currently a Senior Advisor at Enzo Advisors LLC and Executive Advisor at Arab Invest. He has also held a number of industry roles, including as Chair of the Institute for Quantitative Investment Research and as a member of the Investment Association's Asset Management Committee.

Commenting on these appointments, Jonathan Asquith, Chair of Aberdeen Group plc, said:

"I am delighted to welcome Arno and Rick to our Board. Both have considerable experience in global asset management, combining significant investment expertise with distribution, strategy and governance. Together, they bring highly complementary skills and perspectives and significant industry insight, which will be of considerable value as we execute Aberdeen's strategy to become the UK's leading wealth and investments business."

Following these changes, the Board will comprise two executive directors, seven non-executive directors and the Chair. The Board will be made up of four women and six men. The Financial Conduct Authority and the Prudential Regulation Authority have been notified of these changes. Arno and Rick's other appointments are listed below. There are no further details to disclose under Listing Rule 6.4.8R. The Board considers both Arno Kitts and Rick Lacaille to be independent in accordance with the UK Corporate Governance Code.

3 June 2026

Enquiries:

Media Duncan Young	+44 (0) 7920 868 865
Institutional Equity Investors Duncan Heath	+44 (0) 207 156 2495
Group Secretariat Iain Jones	+44 (0) 7464 917 797

LEI number of Aberdeen Group plc: 0TMBS544NMO7GLCE7H90

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Notes to Editors

Arno Kitts

Non-Executive Director's Fee

Arno's fee as a Non-Executive Director of Aberdeen Group plc will be £75,000 per annum.

Interest in Shares

As at the date of this announcement, Arno does not hold any shares in Aberdeen Group plc.

Biographical Details:
Nationality:	British
Education:	University of Southampton, PhD University of Southampton, BSc, Mathematics
Current Non-Executive Roles
2025 - Current	New World Group Holdings Limited Chair
2023 - Current	The Valesco Group Limited Member, Investment Committee
2017 - Current	Wakett (Malta) Ltd Non-Executive Director
Executive Career Summary
2008 - Current	Perspective Investments Founder, Director of MH Markets Global Limited and Pi Investment Management Limited; member of the Investment Committee and Investment Advisory Committee and a director of managed funds.
2012 - 2016	BlackRock Managing Director, UK Institutional Investment business Chief Executive of BlackRock Life Limited
2003 - 2012	Henderson Global Investors Head of Global Distribution Head of UK & EMEA Institutional Business
1997 - 2002	JP Morgan Chase Head of UK Institutional Business, JP Morgan Asset Management Head of European Defined Contribution Business, JP Morgan Asset Management  Chief Executive, JP Morgan Life Limited
1989 - 1997	Forester Insurance Group UK Group Chief Executive & Head of Investments GM, Finance and Operations & Head of Investments Investment Analyst, Actuarial & Investment Department
Previous Non-Executive Roles
2016 - 2025	Pension Insurance Corporation plc and Pension Insurance Corporation Group Limited Non-Executive Director and Chair of Investment and Origination Committee
2017 - 2023	Wake Trade Technologies Ltd Non-Executive Director
2006 - 2011	Pension & Lifetime Savings Association Non-Executive Director

Rick Lacaille

Non-Executive Director's Fee

Rick's fee as a Non-Executive Director of Aberdeen Group plc will be £75,000 per annum.

Interest in Shares

As at the date of this announcement, Rick does not hold any shares in Aberdeen Group plc.

Biographical Details:
Nationality:	British
Education:	London Guildhall University, MSc, Econometrics and Forecasting Lancaster University, BSc, Operational Research
Current Advisory Roles
2024 - Current	Enzo Advisors LLC Senior Advisor
2026- Current	Arab Invest Executive Advisor
Executive Career Summary
2000 - 2023	State Street Global Advisors Senior Advisor and Global Head of ESG Global Chief Investment Officer Head of Global Active Quantitative Strategies Chief Investment Officer, Europe Head of Structured Equities
1993 - 2000	Gartmore Investment Management Ltd Head of Structured Equities Head of Quantitative Research
1984 - 1993	C Squared Quantitative Finance Consultant

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