John McCareins has been named as chief client officer of investments at Aberdeen Group, according to a news release.
McCareins, who will be based in London, will join Aberdeen in mid-June and will sit on the firm’s executive leadership team.
He will be responsible for Aberdeen investments’ global commercial franchise, including strategic partnerships, business development, and client experience, as well as advancing solutions capabilities across clients including insurance companies, pension funds and sovereign wealth funds.
"John is the perfect fit to accelerate our growth momentum as we enter a new phase of our development," said Xavier Meyer, CEO of investments, in the news release. "I’m confident that he will have a meaningful impact for Aberdeen and for our clients."
McCareins was executive vice president and head of international at Northern Trust Asset Management.
Speaking to Pensions & Investments, a spokesperson for NTAM said: "We appreciate John’s contributions and wish him success in his future endeavours. We have commenced an internal and external search for a replacement. In the interim, asset management president Daniel Gamba will provide leadership to the international team supported by our seasoned team of investment experts."
Aberdeen Group, known as abrdn from 2021 until March, had total assets under management and advisement of £511 billion ($640.5 billion) as of Dec. 31.
