Standard Life Investments

Press Release

Standard Life Investments appoints John Devine as a Non-Executive Director

01  October  2012

Standard Life Investments, the global fund manager, has announced the appointment of John Devine as a Non-Executive Director. A skilled and highly-regarded figure in the international investment arena, John holds a number of directorships and was previously Global Chief Operating Officer of Threadneedle Investments.

Prior to joining Threadneedle Investments, John held a number of senior positions at Merrill Lynch, including Senior Vice President and Head of Global Operations & Technology, Managing Director, First Vice President and Global Chief Financial Officer, Global Markets and Investment Banking in New York and Chief Financial Officer, International in London. He was until recently an advisor to the Asset Management faculty at Cass Business School and is a visiting lecturer on the Cass Business School Executive MBA programme. John is also a non-executive director of Omgeo, the leading financial trade matching technology company owned jointly by Thomson Reuters and The Depository Trust & Clearing Corporation.

Commenting on the appointment, John Paynter, Non-Executive Chairman of Standard Life Investments, said:

“John brings a wealth of international asset management experience to Standard Life Investments at a time when we are expanding our global reach, particularly in the US and Asia. Having worked in London, New York, Tokyo, Hong Kong and Frankfurt, John’s depth and breadth of experience will be hugely valuable as we grow our AUM outside Europe.

“Since its launch in 1998, Standard Life Investments’ commitment to clients through its rigorous investment process and high levels of service have seen its third party assets grow more than twelve fold to £74.3bn*, and a client base spanning over 30 countries across the globe. John will play a key role in building on this achievement.”

This appointment follows a wide-ranging search and selection process.

* As at 30 June 2012

Concise CV – John Devine

Current Portfolio
Cass Business School – Advisor to Asset Management faculty and visiting lecturer on EMBA programme
Omgeo LLC – Non-Executive Director & Chair of Audit Committee

Professional Experience
2008 – 2010      Global Chief Operating Officer, Threadneedle Investments
2005 – 2008      SVP and Head of Global Operations & Technology, Merrill Lynch
2001 – 2005      MD and FVP Global CFO Global Markets and Investment Banking, New York, Merrill Lynch
1999 – 2001      CFO International, London, ML & Co Assistant Controller, Merrill Lynch
1998 – 1998      FVP – CFO Global Operations and Technology, New York, Merrill Lynch
1997 – 1998      FVP – CFO Global Fixed Income and Derivatives, Merrill Lynch
1992 – 1997      Director – CFO Asia Pacific Region – Hong Kong, Merrill Lynch
1991 – 1992      Director Head of Operations Japan – Tokyo, Merrill Lynch
1989 – 1991      VP CFO Germany – Frankfurt, Merrill Lynch
1988 – 1989      AVP CFO European Financial Futures and options and controller of Europe, Merrill Lynch
1987 – 1988      Head of Computer Audit and Derivatives, Prudential-Bache Securities
1986 – 1987      Senior Auditor – Derivatives and FX, London & Europe, Manufacturers Hanover Trust
1985 – 1986      Senior Auditor, Hertfordshire County Council
1981 – 1985      Regional Finance Trainee, National Health Service