Brooks Macdonald CEO departs to lead SLA's personal wealth arm

Brooks Macdonald names Andrew Shepherd as successor

clock • 2 min read

Caroline Connellan has left her role as chief executive of Brooks Macdonald to join Standard Life Aberdeen (SLA) as chief executive of personal wealth, which includes 1825 Financial Planning and D2C proposition Digital Retirement Advice.

SLA said the appointment of Connellan has come at a "key juncture" as it seeks to "significantly grow" its personal wealth business under its recently announced unifying single brand Abrdn. Brooks Macdonald has announced that Connellan, who had led the wealth manager for four years, will be replaced by Andrew Shepherd, currently group deputy chief executive and chief executive of the group's international business, having joined the business in 2002. The company confirmed that Shepherd will begin a process of handover from Connellan with immediate effect and will become group chief ex...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

The wonder women from Fundcalibre's rated funds list

The wonder women from Fundcalibre's rated funds list

'These two top-rated women have been quietly delivering for investors for the long term'

Darius McDermott
clock 06 March 2025 • 5 min read
Schroders AUM reaches £779bn as profits rise 14%

Schroders AUM reaches £779bn as profits rise 14%

Firm gives strategy update in full year results

Sorin Dojan
clock 06 March 2025 • 2 min read
Advisers 'can't ignore ESG anymore': Aegon's Beacham

Advisers 'can't ignore ESG anymore': Aegon's Beacham

‘Encouraging ESG investing no longer a difficult task for advisers’

Sahar Nazir
clock 05 March 2025 • 1 min read