Aberdeen Asset Management has hired former FNZ boss Martin Jennings as head of digital before the firm’s acquisition of Parmenion.
In the newly created role, Jennings will oversee the digital strategy and integration of Parmenion into the business as well as the firm’s joint venture with platform Hymans Robertson.
Jennings will report to Aberdeen’s chief executive Martin Gilbert and Iain Plunkett, the firm’s chief operating officer and chief technology officer.
Gilbert says: “Martin’s recruitment emphasises further Aberdeen’s commitment to capitalise on the huge technological change the asset management industry is facing and our desire to place platform services at the heart of our business model. In creating a distinct division, we aim to create a culture that can foster innovation, agility and client services.”
Before working at FNZ, where he was responsible for the UK, Europe and Australia business, Jennings was managing director for AXA’s Elevate platform for nine years.
Jennings says: “Financial services is changing very rapidly. Not least because digital technology is forcing companies to change what they do; and other companies are emerging, like Parmenion, whose success is down to embracing new technology. Aberdeen wants to be one of the leaders as the world of asset management is challenged, seeing disruption as more of an opportunity rather than a threat .
“The changing landscape and Aberdeen’s ambition make this role unique,” Jennings added.