Schroders' Robin Stoakley steps down as UK intermediary head

Stoakley (pictured) will hand over the management of the UK intermediary business to James Rainbow, head of UK financial institutions and strategic accounts, and Phil Middleton, head of UK intermediary business development. The firm said in a statement, Stoakley will "maintain a senior role within the firm" and will oversee relationships with global financial clients while developing Schroders' South African presence. Rainbow and Middleton will become co-heads and will report to Guy Henriques, who has just been appointed as the group's country head for UK business. He will also tak...