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{{Short description|British businessman}}
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Sir '''Sandy Crombie''' [[Fellow of the Royal Society of Edinburgh|FRSE]] is a British businessman, chairman of [[LendingCrowd]], chairman of Amiqus ID (https://amiqus.co) and former chair of [[Creative Scotland]], a former non-executive director of [[Royal Bank of Scotland Group]], and formerly the chief executive officer (CEO) of [[Standard Life]], a [[FTSE 100 Index|FTSE 100]] long term savings and investment business.<ref name=Guardian>{{cite web|title=Sir Sandy Crombie becomes shareholders' voice at RBS|url=https://www.theguardian.com/business/2009/may/22/royal-bank-of-scotland-sandy-crombie|work=The Guardian|accessdate=29 March 2014}}</ref>
{{Use dmy dates|date=January 2020}}
{{Use British English|date=January 2020}}
{{Infobox person
| name = Sir Sandy Crombie
| image =
| caption =
| birth_name = Alexander Maxwell Crombie
| birth_date = {{birth date and age |1949|02|08|df=yes}}
| birth_place = [[Fife]], Scotland
| death_date =
| death_place =
| nationality = British
| citizenship =
| education =
| occupation = Businessman
| known for =
| title =
| term =
| predecessor =
| successor =
| boards =
| spouse =
| partner =
| children =
| parents =
| relatives =
| website =
}}

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'''Sir Alexander Maxwell "Sandy" Crombie''' {{post-nominals|country=GBR|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 Index|FTSE 100]] long term savings and investment business.<ref name=Guardian>{{cite news|title=Sir Sandy Crombie becomes shareholders' voice at RBS|url=https://www.theguardian.com/business/2009/may/22/royal-bank-of-scotland-sandy-crombie|work=The Guardian|date=22 May 2009 |access-date=29 March 2014 |last1=Wearden |first1=Graeme }}</ref><ref name="finextra.com">{{Cite web|url=https://www.finextra.com/pressarticle/75644/sandy-crombie-joins-lendingcrowd-as-chairman|title=Sandy Crombie joins LendingCrowd as chairman|date=2018-10-01|website=Finextra Research|language=en|access-date=2020-04-28}}</ref>

==Early life==
Crombie was born on 8 February 1949,<ref name="Independent">{{cite news |title=Sandy Crombie: Memo to Sir Alex - how to stay mum when the referee moves the goalposts |url=https://www.independent.co.uk/news/people/profiles/sandy-crombie-memo-to-sir-alex-how-to-stay-mum-when-the-referee-moves-the-goalposts-308529.html |access-date=1 January 2020 |work=The Independent |date=28 August 2005}}</ref> in Fife, Scotland.<ref name=":0">{{Cite web|date=2004-01-14|title=New chief in Standard Life shake-up|url=http://www.independent.co.uk/news/business/news/new-chief-in-standard-life-shake-up-73504.html|access-date=2020-06-26|website=The Independent|language=en}}</ref>

== Career ==
Crombie was 17 when he joined Standard Life as a trainee actuary in 1966.<ref name=":0" /> 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.<ref>{{Cite book|last=Moss, Michael S.|url=http://worldcat.org/oclc/43376705|title=Standard Life, 1825-2000 : the building of Europe's largest mutual life company|date=2000|publisher=Mainstream Pub|isbn=1-84018-290-3|pages=319, 330|oclc=43376705}}</ref>

As head of investment operations in the UK, Crombie assumed control over Standard Life Portfolio Management activities, the precursor to Standard Life Investments.<ref>{{Cite book|last=Moss, Michael S.|url=http://worldcat.org/oclc/43376705|title=Standard Life, 1825-2000 : the building of Europe's largest mutual life company|date=2000|publisher=Mainstream Pub|isbn=1-84018-290-3|pages=360|oclc=43376705}}</ref><ref name=":0" /> 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.<ref>{{Cite web|last=Brooksbank2004-01-14T03:27:00+00:00|first=Daniel|title=Standard Life Investments' CEO to head parent|url=https://www.ipe.com/standard-life-investments-ceo-to-head-parent/8403.article|access-date=2020-06-26|website=IPE|language=en}}</ref>

He was appointed head of the Association of British Insurers' investment committee in 2002.<ref>{{Cite web|date=2002-06-27|title=Crombie succeeds Rough at ABI|url=https://www.professionalpensions.com/news/1461273/crombie-succeeds-rough-abi|access-date=2020-06-26|website=www.professionalpensions.com|language=en}}</ref>

When Scott Bell retired in 2002, Crombie was appointed deputy CEO,<ref name=":0" /> and, upon Iain Lumsden's retirement, Crombie took over as CEO of Standard Life, while continuing as CEO of Standard Life Investments.<ref>{{Cite web|last=Leslie|first=Miles Costello and Georgina|title=Lumsden quits Standard Life amid pressure to float|url=https://www.fnlondon.com/articles/lumsden-quits-standard-life-amid-pressure-to-float-20040113|access-date=2020-06-26|website=www.fnlondon.com|language=en-GB}}</ref>

In 2010, Crombie became president of the [[Cockburn Association]], Edinburgh's long-running conservationist charity.<ref>{{Cite web|url=https://www.cockburnassociation.org.uk/history/office-bearers/|title=Historic Cockburn Association Office-Bearers}}</ref>


== Honours and awards ==
== Honours and awards ==
In 2018 he was elected a Fellow of the [[Royal Society of Edinburgh]]<ref>{{Cite web|url=https://www.rse.org.uk/fellow/sandy-crombie/|title=Sir Alexander Maxwell Crombie FRSE |publisher=The Royal Society of Edinburgh|access-date=2018-03-14|language=en-GB}}</ref>
In 2009, Crombie received a knighthood for services to the insurance industry in Scotland.<ref name="finextra.com"/> In 2018, he was elected a Fellow of the [[Royal Society of Edinburgh]].<ref>{{Cite web|url=https://www.rse.org.uk/fellow/sandy-crombie/|title=Sir Alexander Maxwell Crombie FRSE |publisher=The Royal Society of Edinburgh|access-date=2018-03-14|language=en-GB}}</ref>


==References==
==References==
{{Reflist}}
{{Reflist}}


{{Authority control}}
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{{DEFAULTSORT:Crombie, Sandy}}


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{{DEFAULTSORT:Crombie, Sandy}}
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[[Category:British chief executives]]
[[Category:British corporate directors]]
[[Category:1949 births]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:People from Fife]]
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[[Category:Scottish chief executives]]
[[Category:British corporate directors]]
[[Category:Knights Bachelor]]
[[Category:Businesspeople awarded knighthoods]]
[[Category:Scottish knights]]
[[Category:Fellows of the Royal Society of Edinburgh]]
[[Category:NatWest Group people]]
[[Category:20th-century Scottish businesspeople]]
[[Category:21st-century Scottish businesspeople]]



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{{UK-business-bio-1940s-stub}}

Latest revision as of 12:00, 17 October 2024

Sir Sandy Crombie
Born
Alexander Maxwell Crombie

(1949-02-08) 8 February 1949 (age 75)
Fife, Scotland
NationalityBritish
OccupationBusinessman

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]

Early life

[edit]

Crombie was born on 8 February 1949,[3] in Fife, Scotland.[4]

Career

[edit]

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]

Honours and awards

[edit]

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]

References

[edit]
  1. ^ Wearden, Graeme (22 May 2009). "Sir Sandy Crombie becomes shareholders' voice at RBS". The Guardian. Retrieved 29 March 2014.
  2. ^ a b "Sandy Crombie joins LendingCrowd as chairman". Finextra Research. 1 October 2018. Retrieved 28 April 2020.
  3. ^ "Sandy Crombie: Memo to Sir Alex - how to stay mum when the referee moves the goalposts". The Independent. 28 August 2005. Retrieved 1 January 2020.
  4. ^ a b c d "New chief in Standard Life shake-up". The Independent. 14 January 2004. Retrieved 26 June 2020.
  5. ^ Moss, Michael S. (2000). Standard Life, 1825-2000 : the building of Europe's largest mutual life company. Mainstream Pub. pp. 319, 330. ISBN 1-84018-290-3. OCLC 43376705.
  6. ^ Moss, Michael S. (2000). Standard Life, 1825-2000 : the building of Europe's largest mutual life company. Mainstream Pub. p. 360. ISBN 1-84018-290-3. OCLC 43376705.
  7. ^ Brooksbank2004-01-14T03:27:00+00:00, Daniel. "Standard Life Investments' CEO to head parent". IPE. Retrieved 26 June 2020.{{cite web}}: CS1 maint: numeric names: authors list (link)
  8. ^ "Crombie succeeds Rough at ABI". www.professionalpensions.com. 27 June 2002. Retrieved 26 June 2020.
  9. ^ Leslie, Miles Costello and Georgina. "Lumsden quits Standard Life amid pressure to float". www.fnlondon.com. Retrieved 26 June 2020.
  10. ^ "Historic Cockburn Association Office-Bearers".
  11. ^ "Sir Alexander Maxwell Crombie FRSE". The Royal Society of Edinburgh. Retrieved 14 March 2018.


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