MANAMA: Investcorp and Aberdeen Standard Investments (ASI) have announced the appointment of Sir Michael Fallon, former secretary of state for defence of the UK, as chairman of their infrastructure joint-venture, Aberdeen Standard Investcorp Infrastructure Partners (ASIIP).
Sir Michael who has served on Investcorp’s international advisory board since 2018, steps up to replace Lord Gerry Grimstone who has joined the British government as minister for investment .