Gilbert has known Toscafund chief executive Martin Hughes for some thirty years

City veteran Martin Gilbert is set to chair the board of Toscafund, the multi-asset manager.

Gilbert will step down from Standard Life Aberdeen in May, but will remain on the board of Aberdeen Standard Investments until September, according to a Toscafund spokesman.

Former Standard Life Aberdeen chief Martin Gilbert to chair Toscafund

Gilbert has known Toscafund's chief executive Martin Hughes for some thirty years

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