Schroders boss Peter Harrison retires after more than eight years in the role
The Schroders boss will retire in 2025, after more than eight years in the role.
The investment group, which manages more than £750bn of funds, is now looking for a replacement for Peter Harrison, one of the longest-serving chief executives in the FTSE 100.
Harrison will remain to help enable an “orderly transition” to his successor.
He said: ‘It has been an immense privilege to be chief executive. “I care deeply about the company and our people.”
The 220-year-old company has hired headhunters to help find its new bosses.
Harrison began graduating from Schroders in 1988 and left to work at JP Morgan, Deutsche Asset Management and investment boutique RWC Partners.
He rejoined Schroders in 2013 and became group chief executive in 2016.