Sir Sandy Crombie | |
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Born | Alexander Maxwell Crombie 8 February 1949 Fife, Scotland |
Nationality | British |
Occupation | Businessman |
Sir Alexander Maxwell "Sandy" Crombie FRSE (born 8 February 1949), is a British businessman, chairman of LendingCrowd, chairman of Amiqus Resolution, former chair of Creative Scotland, former non-executive director of Royal Bank of Scotland Group, and formerly the chief executive officer (CEO) of Standard Life, a FTSE 100 long term savings and investment business.[1][2]
Crombie was born on 8 February 1949,[3] in Fife, Scotland.[4]
Crombie was 17 when he joined Standard Life as a trainee actuary in 1966.[4] Through his career at Standard life he climbed the ranks, succeeding Jim Stretton as general manager (operations) in 1988, and was appointed general manager (investment and development) in 1994.[5]
As head of investment operations in the UK, Crombie assumed control over Standard Life Portfolio Management activities, the precursor to Standard Life Investments.[6][4] By 1998, Crombie and Scott Bell were in discussions to create Standard life Investments as a separate brand, specifically to manage the company's investment activities, and he was appointed CEO upon its establishment.[7]
He was appointed head of the Association of British Insurers' investment committee in 2002.[8]
When Scott Bell retired in 2002, Crombie was appointed deputy CEO,[4] and, upon Iain Lumsden's retirement, Crombie took over as CEO of Standard Life, while continuing as CEO of Standard Life Investments.[9]
In 2010, Crombie became president of the Cockburn Association, Edinburgh's long-running conservationist charity.[10]
In 2009, Crombie received a knighthood for services to the insurance industry in Scotland.[2] In 2018, he was elected a Fellow of the Royal Society of Edinburgh.[11]