Aberdeen poaches Columbia Threadneedle boss as distribution head

flemingcampbellColumbia Threadneedle EMEA chief executive Campbell Fleming has left the firm to join Aberdeen Asset Management as global head of distribution.

Campbell, who joined Threadneedle from JP Morgan in 2009 as head of distribution, succeeds Aberdeen’s John Brett who stepped down from the role late last year.

In his new role, Campbell will be responsible for Aberdeen’s global distribution platform and 450 people across business development, product specialists, marketing and client service.

He will report to chief executive Martin Gilbert as well as joining Aberdeen’s board.

Gilbert says: “We are delighted to attract someone of Campbell’s calibre – this reflects the appeal of our global platform and our full-service capability across asset classes and strategies.

“After an in-depth worldwide search process, Campbell was identified as the outstanding candidate given his expertise and experience across client channels globally, including North America which is a key focus for us.”

Columbia Threadneedle has started to look for a new head of the EMEA region and the search will be carried out both internally and externally.

Columbia Threadneedle chief executive Ted Truscott says: “Campbell made many contributions during his six years with the organisation, including expanding our distribution capability and further strengthening our position in the marketplace.  As a member of the leadership team, he helped to establish our global business. Throughout his time here Campbell has been an advocate for our active management approach and investment track record, as well as our client-focused culture.

“We wish Campbell every success in the future.  We have a strong and experienced leadership team in place and we remain focused on delivering successful investment outcomes and solutions for our clients.”