Schroders CEO to retire in 2025

Schroders has announced that Peter Harrison will be retiring as group CEO in 2025 and that the firm is now launching a search for his successor. Harrison has been CEO since 2016.

Elizabeth Corley, chair of Schroders, said, “The board recognizes that in Peter, Schroders has had an outstanding CEO over the past eight years. During his tenure, the business has undergone a remarkable transformation to become a global, diversified active investor across both public and private markets, as well as a leader in U.K. wealth management, more than doubling assets under management to over £750 billion [$936 billion].”

Corley continued, “Peter’s decision to announce his planned retirement in such a transparent and collaborative way is testament to his loyalty to the business and our clients, and allows the Board to ensure an orderly process to appoint a new CEO. I enjoy working with Peter immensely. He has served Schroders exceptionally well over the last decade.”