Keith Skeoch | |
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Keith Skeoch in 2011
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Born |
Norman Keith Skeoch November 1956 (age 60) |
Residence | Edinburgh |
Alma mater |
University of Sussex University of Warwick |
Occupation | Businessman |
Salary | £5,272,000 (total compensation, 2014) |
Title | Chief executive, Standard Life |
Term | 2015–present |
Predecessor | David Nish |
Successor | Incumbent |
Norman Keith Skeoch (born November 1956) is a British businessman. He is the chief executive (CEO) of Standard Life, a British long term savings and investment company, and head of Standard Life Investments, its asset management division.
Norman Keith Skeoch was born in November 1956.
Skeoch received a BA in Economics from the University of Sussex in 1978, and an MA in Economics from the University of Warwick in 1979.
According to his company profile, Skeoch had previous appointments with James Capel and from 1996 onwards HSBC Securities, where he was the Managing Director of International Equities in 1998, Director of Economics and Strategy (1993), Chief Economist (1984) and in 1980 International Economist. Skeoch began his career in 1979 at the Government Economic Service.
In 1999, he joined Standard Life, and was appointed CEO of the company in August 2015, having been a director since 2006 and chief executive of Standard Life Investments since 2004.
He is also a board member of the Financial Reporting Council. In 2015, he retired as a board member of the Investment Association.
In 2017, Skeoch took a 20% reduction in pay. The year before, he gave up almost £600,000 in bonus payments, accepting a bonus package worth 400% rather than 500% of his base salary.
In March 2017, a merger between Standard Life and Aberdeen Asset Management was announced. The merger will create the UK’s largest asset management firm, and the second biggest in Europe.
Skeoch is married with two sons and lives in Edinburgh. He enjoys fishing in his spare time.