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Standard Life Aberdeen CEO defends name change to Abrdn amid Twitter disapproval

Stephen Bird said it did not cost the asset manager ‘a lot of money’ to develop the new brand

Standard Life Aberdeen’s new branding has sparked criticism on social media
Standard Life Aberdeen’s new branding has sparked criticism on social media

The chief executive of Standard Life Aberdeen has defended the FTSE-listed asset manager's decision to change its name to Abrdn following online criticism of its rebrand.

The Edinburgh-headquartered company announced the name change on 26 April, saying the new moniker will be “part of a modern, agile, digitally-enabled brand that will also be used for all the company’s client-facing businesses globally”.

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