Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Driver jailed for eight years for killing two Aberdeen AM employees

2 Comments
Driver jailed for eight years for killing two Aberdeen AM employees

The Lorry driver who killed two Aberdeen Asset Management employees has been jailed for eight years.

Global equity manager Andrew McMenigall (pictured right) and senior relationship manager Toby Wallace (left) were killed during a charity cycle near Newquay.

Robert Palmer pleaded guilty at Truro Crown Court to two counts of dangerous driving. He was banned from driving for 10 years.

Judge Christopher Harvey Clark said Palmer was far too tired to be driving and should have been aware of the 'extreme fatigue and exhaustion' that he was suffering. 

Clark said 32 year-old Palmer had 'almost certainly' fallen asleep at the wheel.  

McMenigall and Wallace were cycling from Land's End to John O'Groats to raise funds for the Kirsten Scott Memorial, a trust set up in memory of their former colleague who lost her battle with cancer in October 2011.

McMenigall, who was married with two daughters, joined Aberdeen in 1997 and was a senior investment manager in the global equity team based in Edinburgh. A keen tri-athlete, he graduated as an officer in the British Army from the Royal Military Academy in Sandhurst before completing an MBA at the University of Edinburgh.

Wallace was married and served as a senior relationship manager in Aberdeen's Philadelphia office. He joined the company in 2000 as a graduate trainee from Jesus College, Cambridge.

Commenting on today's news, a company spokesperson said: 'Andrew and Toby were dedicated and popular members of our senior team who are sadly missed by colleagues and friends across the world. 

'The fact that they died in such tragic circumstances while trying to help others less fortunate tells you much about their selflessness and humanity. Our thoughts are with the families of Andrew and Toby who continue to deal with the consequences of their dreadful loss.'


Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: bonds with Ian Spreadbury

Brewin's Gutteridge: bonds with Ian Spreadbury

This week Brewin Dolphin's research head chats to Fidelity's Ian Spreadbury about the recent behaviour of interest rates and credit spreads.

Play Can tech advances explain the UK productivity puzzle?

Can tech advances explain the UK productivity puzzle?

Much of the productivity puzzle of the last eight years may be explained by a failure to capture new tech

Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Your Business: Cover Star Club

Small is beautiful: wealth firms still see value in less rich

Small is beautiful: wealth firms still see value in less rich

Latest statistics from findawealthmanager.com show that there are many firms who still service smaller clients.

Wealth Manager on Twitter