The Board

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Martin Gilbert

Executive Chairman

AssetCo Group Directorships: 2
Chair of Nomination Committee
Disclosure Committee

Martin was the Chief Executive of Aberdeen Asset Management PLC, which he co-founded in 1983. Under his leadership, Aberdeen became one of the world’s leading independent asset managers through a combination of organic growth and strategic acquisitions. In its first year, the business had AuM of £70 million and reported profits before tax of £87, in 2016 the figure was £352 million with AuM at £312 billion. Aberdeen merged with Standard Life in 2017 to form Standard Life Aberdeen. Following the merger, Martin was appointed co-Chief Executive Officer, a role he stepped down from in March 2019. Martin was Vice Chairman of the group from March 2019 until May 2020. As at 30 April 2020, Standard Life Aberdeen’s AuM is £512 billion. Martin Gilbert stepped down as Chairman of Aberdeen Standard Investments, the asset management business of Standard Life Aberdeen, on 30 September 2020. Martin is Chairman of Revolut Limited, AssetCo and Toscafund. He is also a Non-Executive Director at Glencore plc. In 2011, Martin joined the Board of Sky PLC and in January 2016, he was appointed Deputy Chairman until its acquisition by Comcast in 2018. Between 1995 and 2013, he was Chairman of FirstGroup, having been a director since it was formed in 1989. Martin is a member of the International Advisory Board of British American Business. Previously, he was Chairman of the UK Prudential Regulation Authority’s Practitioner Panel as well as a member of the International Advisory Panel of the Monetary Authority of Singapore.

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Gary Marshall

Chief Financial and Operating Officer

AssetCo Group Directorships: 9
Disclosure Committee

Gary has worked in the financial services industry since 1983, initially in life assurance but for almost 30 years in asset management. He joined Aberdeen Asset Management PLC in 1997 following Aberdeen's acquisition of Prolific Financial Management and held a variety of roles leading up to his being Head of EMEA and UK Regions for Standard Life Aberdeen before retiring from that company in 2021. In his capacity as regional head, Gary served as Chief Executive for regulated operating subsidiaries based in UK and in Europe; he also served as Chief Executive and Head of Americas for Aberdeen from 2010 to 2014, based in Philadelphia. Gary brought a strong finance perspective to his previous roles and developed a deep understanding of the operational complexities of running a multinational asset management business from years spent managing and integrating acquired businesses. Gary is a qualified actuary.

Jonathan Dawson
Senior Independent Director

AssetCo Group Directorships: 1
Chair of Renumeration Committee
Audit Committee
Nomination Committee

Jonathan joined the Board as senior independent director on 15 June 2022 on completion of the acquisition of River and Mercantile Group PLC, where he had been chairman for a number of years. He is a graduate of the universities of St Andrews and Cambridge and started his career in the Ministry of Defence before joining Lazard, the investment bank, where he spent over 20 years. He left Lazard in 2005 and co-founded Penfida Limited, the leading independent corporate finance adviser to pension fund trustees. Jonathan previously served as senior independent director and chair of the remuneration committee of Next plc. Other previous appointments include non-executive directorships of Galliford Try plc, National Australia Group Europe Limited, National Grid plc and Standard Life Investments (Holdings) Limited. He also served as senior independent director of Jardine Lloyd Thompson Group plc and he is currently chairman of Penfida Limited.
Tudor Davies
Non-Executive Director

AssetCo Group Directorships: 1
Chair of Audit Committee
Nomination Committee
Renumeration Committee

Tudor Davies was appointed to the Board in March 2011 and is an experienced chairman, executive and non-executive director, and formerly a partner with Arthur Young (a predecessor firm of Ernst & Young LLP) specialising in corporate finance and recovery. He was previously chairman of Dowding & Mills plc and subsequently appointed to the board of Castle Support Services Plc, chairman of Stratagem Group PLC, chairman and chief executive of Hicking Pentecost PLC and a non-executive director of Scottish Highland Hotels plc. He was also non-executive chairman of Zytronic PLC.
Christopher Mills
Non-Executive Director

AssetCo Group Directorships: 1
Nomination Committee
Audit Committee
Renumeration Committee

Appointed to the Board in March 2011, Christopher is chief executive officer of Harwood Capital Management Limited and chief executive and investment manager of North Atlantic Smaller Companies Investment Trust PLC.