Sir Alexander Maxwell "Sandy" Crombie (born 8 February 1949), is a British businessman, chairman of
LendingCrowd, chairman of Amiqus Resolution, former chair of
Creative Scotland
Creative Scotland ( gd, Alba Chruthachail ; sco, Creative Scotlan) is the development body for the arts and creative industries in Scotland. Based in Edinburgh, it is an executive non-departmental public body of the Scottish Government.
The o ...
, former non-executive director of
Royal Bank of Scotland Group
NatWest Group plc is a British banking and insurance holding company, based in Edinburgh, Scotland. The group operates a wide variety of banking brands offering personal and business banking, private banking, investment banking, insurance and ...
, and formerly the chief executive officer (CEO) of
Standard Life
Standard Life is a life assurance, pensions and long-terms savings company in the UK which is owned by Phoenix Group.
History 1825–2010
The Standard Life Assurance Company was established in 1825 and was reincorporated as a mutual assurance ...
, a
FTSE 100
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
long term savings and investment business.
Early life
Crombie was born on 8 February 1949,
in Fife, Scotland.
Career
Crombie was 17 when he joined Standard Life as a trainee actuary in 1966.
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.
As head of investment operations in the UK, Crombie assumed control over Standard Life Portfolio Management activities, the precursor to Standard Life Investments.
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.
He was appointed head of the Association of British Insurers' investment committee in 2002.
When Scott Bell retired in 2002, Crombie was appointed deputy CEO,
and, upon Iain Lumsden's retirement, Crombie took over as CEO of Standard Life, while continuing as CEO of Standard Life Investments.
In 2010, Crombie became president of the
Cockburn Association
The Cockburn Association (Edinburgh's Civic Trust) is one of the world's oldest architectural conservation and urban planning monitoring organisations, founded in 1875.
The Scottish judge Henry Cockburn (1779–1854) was a prominent campaigner t ...
, Edinburgh's long-running conservationist charity.
Honours and awards
In 2009, Crombie received a knighthood for services to the insurance industry in Scotland.
In 2018, he was elected a Fellow of the
Royal Society of Edinburgh.
References
British chief executives
British corporate directors
Knights Bachelor
Businesspeople awarded knighthoods
Living people
1949 births
NatWest Group people
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