Future retirement of Peter Harrison

News Release - 24 April 2024

Schroders plc today announces 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 will remain as a director of the Company throughout this period.

Elizabeth Corley, Chair of Schroders plc, said:
​“The Board recognises 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 UK wealth management, more than doubling assets under management to over £750bn.
​“Peter is a visionary in the asset management industry who has driven the implementation of our successful growth strategy, with his exemplary leadership team.
​“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.”
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.”

Notes to Editors:

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 was Chairman and CEO of investment boutique RWC Partners. Peter 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).

Peter 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. Peter 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.

Media contacts

Wim Heirbaut

Press and media relations, BeFirm

Tânia Jerónimo Cabral

Head of Marketing Schroders Benelux, Schroders

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About Schroders

Note to Editors

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Schroders plc

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with €941.8 billion of assets under management at 31 December 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations. Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.

Issued by Schroder Investment Management (Europe) S.A., 5, rue Höhenhof, L-1736 Senningerberg, Luxembourg. Registration No B 37.799

Schroders is supervised by the Financial Services and Markets Authority (FSMA) in Belgium. 

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