Schroders plc today announced that after a decade on the Board, Peter Harrison has signalled his intention to retire as Group Chief Executive (CEO) next year.
A thorough and extensive search for his successor will now be launched. The Board anticipates an orderly transition during 2025 and Peter Harrison will remain as a director of the company throughout this period.
Peter Harrison, Group CEO, said:
“Having started my career as a graduate at Schroders, it has been an immense privilege to be CEO. I care about the firm and our people deeply. I believe that now is the right time for the Board to begin the search for my successor and to do so transparently with our stakeholders. I remain fully committed to the business until my successor is found and will continue to work tirelessly to drive forward our strategic growth agenda, in partnership with the excellent management team that we have in place. Growth, and a clear focus on investment outperformance for our clients will remain our top priority.”
Peter Harrison joined Schroders in March 2013 and became Group Chief Executive in April 2016. Prior to his current role, he was Global Head of Investment.
Before joining Schroders, Peter Harrison was Chairman and CEO of investment boutique RWC Partners. He began his career at Schroders in 1988, and later spent some time at JP Morgan, and as Group Chief Investment Officer of Deutsche Asset Management (now DWS).
Mr Harrison is a member of the UK Treasury’s Asset Management Taskforce and the Capital Markets Industry Taskforce. He was previously Chair and is currently a Director of the Investment Association. He sits on the Advisory Board of venture capital firm Antler and is a Director of FCLT Global. He is the Chair of Business in the Community, the King’s responsible business charity.
