Schroders is reportedly planning to appoint chief financial officer Richard Oldfield as its next CEO, succeeding Peter Harrison after eight years in the top job.
People familiar with the matter told the Financial Times that Oldfield, who joined the asset manager in October last year after more than two decades as a partner at PwC, is being lined up for the top job once Harrison retires next year. According to the newspaper, the firm has been working with head hunters Russell Reynolds to find potential candidates to take over the leadership of the FTSE 100 group. News about Harrison's retirement was first reported by the FT in April this year and later confirmed by the firm, which said there would be an "orderly transition". Harrison has h...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
