Aberdeen Asset Management has hired Russell Chaplin as chief investment officer of its real estate division.
According to an announcement on the appointment today, Chaplin, who joined from Swiss bank UBS where he was head of its global real estate strategy team, will report to Aberdeen’s global head of property, Andrew Smith.
Chaplin, effectively replaces Smith, who was promoted to global head following the resignation of long term incumbent Rickard Backlund.
Aberdeen said Chaplin, who also previously worked for Henderson Global Investors, will be responsible for developing the firm’s property investment process and strategy across its offices in nine countries.
Smith said of the appointment: “Research is at the heart of our investment process. Consequently, the strong leadership experience and analytical skills which Russell brings will be of significant benefit to our process and clients.”