UK - Steve Ilott, head of fixed income at Aberdeen Asset Management, is to hand over the running of the group's fixed income business to his colleague Gary Bartlett.
Ilott will relinquish his role at the end of December and complete his contract with Aberdeen in March 2008.
Martin Gilbert, chief executive of Aberdeen, said: "Steve has made an outstanding contribution to the development of a highly competitive fixed income business with which everyone associated can be justifiably proud.
"We are naturally very interested in supporting Steve in his new venture and look forward to a close ongoing relationship"
Bartlett, who will report to Gilbert, is head of the group's Philadelphia fixed income operation as well as chief executive of Aberdeen's US business and a member of the group management board.
He has over 24 years of fixed income experience and has worked with members of the global fixed income team since 1992.
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