Abrdn's former chief financial officer (CFO) Jason Windsor is reportedly poised to take on the position of chief executive on a permenant basis.

Windsor became chief executive on an interim basis several months ago.

Two sources familiar with the matter told the Financial Times that Windsor, who joined the global investment firm as CFO in October, could move into the role as soon as Tuesday.

In May, Abrdn announced that former group chief executive Stephen Bird would leave the company after four years as part of a "significant strategic repositioning of the company".

The company said that a formal search process, including consideration of external candidates, would take place to find a permanent chief executive.

Over the weekend Abrdn told the Financial Times that no decision had been made on the appointment of a new chief executive.

"When a decision is taken by the board, we will update the market in line with regulatory requirements," it continued.

Abrdn, which is set to publish its half year results on Tuesday, recorded growth of three per cent to more than £507 billion assets under management in the first quarter.

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