Meet our Board
Collectively responsible for the management, direction and performance of the CompanyChair

Dame Elizabeth Corley
Chair
Elizabeth was appointed as an independent non-executive Director in September 2021 and became Chair at the conclusion of the 2022 Annual General Meeting.
Elizabeth is a non-executive Director of London Stock Exchange Group plc, Chair Emerita of the Impact Investing Institute and a Trustee of the British Museum Trust. She was previously the CEO of Allianz Global Investors and a non-executive Director of Morgan Stanley Inc., Pearson plc and BAE Systems plc. Elizabeth is a leading figure in financial services with over 45 years’ experience, and is active in representing the investment industry and developing standards. Elizabeth has significant expertise in asset management, impact investing and sustainability, and brings a wealth of investor, governance and boardroom experience to the Board.
External Appointments: Non-executive Director of London Stock Exchange Group plc, Chair Emerita of the Impact Investing Institute, Trustee of the British Museum Trust.
Committee Membership: Chair of the Nomination and Governance Committee.

Dame Elizabeth Corley
Chair
Elizabeth was appointed as an independent non-executive Director in September 2021 and became Chair at the conclusion of the 2022 Annual General Meeting.
Elizabeth is a non-executive Director of London Stock Exchange Group plc, Chair Emerita of the Impact Investing Institute and a Trustee of the British Museum Trust. She was previously the CEO of Allianz Global Investors and a non-executive Director of Morgan Stanley Inc., Pearson plc and BAE Systems plc. Elizabeth is a leading figure in financial services with over 45 years’ experience, and is active in representing the investment industry and developing standards. Elizabeth has significant expertise in asset management, impact investing and sustainability, and brings a wealth of investor, governance and boardroom experience to the Board.
External Appointments: Non-executive Director of London Stock Exchange Group plc, Chair Emerita of the Impact Investing Institute, Trustee of the British Museum Trust.
Committee Membership: Chair of the Nomination and Governance Committee.
Executive Directors

Richard Oldfield
Group Chief Executive
Richard was appointed as Group Chief Executive on 8 November 2024, having joined Schroders in October 2023 as a Director and Chief Financial Officer.
Richard is a chartered accountant and was Network Vice Chairman and Global Markets Leader at PricewaterhouseCoopers (PwC) until October 2023, where he led market-facing activities, initiatives and strategy. Prior to this, he held several senior management positions at PwC UK, including Head of Clients and Markets, Head of Strategy and Communications, and UK Banking and Capital Markets Assurance Leader. His experience includes time spent working across Africa, Asia, Europe and North America. Richard brings extensive capability in leading an international business, combined with technical and strategic capabilities. His global perspective, deep understanding of client needs, and experience in advising large multinational financial services organisations are instrumental in supporting the delivery of our strategy.
External appointments: Trustee and Chair of the Finance and Administration Committee of The Duke of Edinburgh’s International Award Foundation, Member of the FCA Practitioner Panel.

Richard Oldfield
Group Chief Executive
Richard was appointed as Group Chief Executive on 8 November 2024, having joined Schroders in October 2023 as a Director and Chief Financial Officer.
Richard is a chartered accountant and was Network Vice Chairman and Global Markets Leader at PricewaterhouseCoopers (PwC) until October 2023, where he led market-facing activities, initiatives and strategy. Prior to this, he held several senior management positions at PwC UK, including Head of Clients and Markets, Head of Strategy and Communications, and UK Banking and Capital Markets Assurance Leader. His experience includes time spent working across Africa, Asia, Europe and North America. Richard brings extensive capability in leading an international business, combined with technical and strategic capabilities. His global perspective, deep understanding of client needs, and experience in advising large multinational financial services organisations are instrumental in supporting the delivery of our strategy.
External appointments: Trustee and Chair of the Finance and Administration Committee of The Duke of Edinburgh’s International Award Foundation, Member of the FCA Practitioner Panel.

Meagen Burnett
Chief Financial Officer
Meagen joined Schroders in January 2023 as Chief Operating Officer. In January 2025, she became Chief Financial Officer, overseeing the Group’s Finance function including tax and treasury, as well as operations, technology, commercial transformation and corporate services.
Prior to joining Schroders, Meagen spent 11 years at M&G plc as Chief Operating Officer and held various transformation, operational, audit, risk and IT control roles at J.P. Morgan, Goldman Sachs and KPMG. With more than 25 years spent in financial services, Meagen is an experienced leader in delivering organisational change. She brings a strong commercial focus to resource and capital allocation and drives innovation and efficiency across our business processes.
External appointments: None.

Meagen Burnett
Chief Financial Officer
Meagen joined Schroders in January 2023 as Chief Operating Officer. In January 2025, she became Chief Financial Officer, overseeing the Group’s Finance function including tax and treasury, as well as operations, technology, commercial transformation and corporate services.
Prior to joining Schroders, Meagen spent 11 years at M&G plc as Chief Operating Officer and held various transformation, operational, audit, risk and IT control roles at J.P. Morgan, Goldman Sachs and KPMG. With more than 25 years spent in financial services, Meagen is an experienced leader in delivering organisational change. She brings a strong commercial focus to resource and capital allocation and drives innovation and efficiency across our business processes.
External appointments: None.

Johanna Kyrklund
Chief Investment Officer
Johanna joined Schroders in 2007, was appointed Group Chief Investment Officer in September 2019, and as an executive Director in January 2025. She is responsible for overseeing the investment performance, philosophy and process across all asset classes at the firm as well as leading the Public Markets business.
Prior to joining Schroders, Johanna was a fund manager at Insight Investment from 2005 to 2007 and Head of Asset Allocation at Deutsche Asset Management from 1997 to 2005. Johanna brings extensive investment experience, a depth of industry knowledge and a strong focus on client outcomes. Her role on the Board underscores the importance of active investment expertise at Schroders.
External appointments: Member of the Christ Church Investment Committee.

Johanna Kyrklund
Chief Investment Officer
Johanna joined Schroders in 2007, was appointed Group Chief Investment Officer in September 2019, and as an executive Director in January 2025. She is responsible for overseeing the investment performance, philosophy and process across all asset classes at the firm as well as leading the Public Markets business.
Prior to joining Schroders, Johanna was a fund manager at Insight Investment from 2005 to 2007 and Head of Asset Allocation at Deutsche Asset Management from 1997 to 2005. Johanna brings extensive investment experience, a depth of industry knowledge and a strong focus on client outcomes. Her role on the Board underscores the importance of active investment expertise at Schroders.
External appointments: Member of the Christ Church Investment Committee.
Non-Executive Directors

Iain Mackay
Senior Independent Director
Iain was appointed to the Board as an independent non-executive Director in January 2024, and was appointed as Senior Independent Director in May 2025.
Iain is a chartered accountant and was Chief Financial Officer at GSK plc until 2023. He was a member of the GSK leadership team and was responsible for Global Finance and several of GSK’s key global functions, including Investor Relations, Digital and Tech, and Global Procurement. Prior to joining GSK, Iain was Group Finance Director at HSBC Holdings plc, a position he held for eight years. Iain has lived and worked in Asia, the US and Europe and, before HSBC, was at General Electric, Schlumberger Dowell and Price Waterhouse. In addition to his experience as Chief Financial Officer of FTSE 100 companies, Iain brings considerable knowledge of global organisations operating in many of the international markets where we are located.
External appointments:Non-executive Director and Chair of the Audit and Risk Committee of National Grid plc, Non-executive Director of UK Government Investments, Director of O-I-Glass, Inc.
Committee membership: Chair of the Audit and Risk Committee and Member of the Nomination and Governance Committee and the Remuneration Committee.

Iain Mackay
Senior Independent Director
Iain was appointed to the Board as an independent non-executive Director in January 2024, and was appointed as Senior Independent Director in May 2025.
Iain is a chartered accountant and was Chief Financial Officer at GSK plc until 2023. He was a member of the GSK leadership team and was responsible for Global Finance and several of GSK’s key global functions, including Investor Relations, Digital and Tech, and Global Procurement. Prior to joining GSK, Iain was Group Finance Director at HSBC Holdings plc, a position he held for eight years. Iain has lived and worked in Asia, the US and Europe and, before HSBC, was at General Electric, Schlumberger Dowell and Price Waterhouse. In addition to his experience as Chief Financial Officer of FTSE 100 companies, Iain brings considerable knowledge of global organisations operating in many of the international markets where we are located.
External appointments:Non-executive Director and Chair of the Audit and Risk Committee of National Grid plc, Non-executive Director of UK Government Investments, Director of O-I-Glass, Inc.
Committee membership: Chair of the Audit and Risk Committee and Member of the Nomination and Governance Committee and the Remuneration Committee.

Claire Fitzalan Howard
Non-executive Director
Claire was appointed as a non-executive Director in April 2020.
Claire is a non-executive Director of Caledonia Investments plc, Director and Trustee of the Schroder Charity Trust and a Trustee of a number of charitable foundations. She was previously a non-executive Director of Gauntlet Insurance Services. Claire brings experience of family-owned businesses in financial services and from her non-executive roles. Claire is a descendant of John Henry Schroder, co-founder of the Schroders business in 1804. Claire’s appointment reflects the commitment to Schroders of the Principal Shareholder Group, which has been an important part of Schroders’ success over the long term.
External appointments: Non-executive Director of Caledonia Investments plc, Director and Trustee of the Schroder Charity Trust and a Trustee of a number of charitable foundations.
Committee membership: Member of the Nominations and Governance Committee.

Claire Fitzalan Howard
Non-executive Director
Claire was appointed as a non-executive Director in April 2020.
Claire is a non-executive Director of Caledonia Investments plc, Director and Trustee of the Schroder Charity Trust and a Trustee of a number of charitable foundations. She was previously a non-executive Director of Gauntlet Insurance Services. Claire brings experience of family-owned businesses in financial services and from her non-executive roles. Claire is a descendant of John Henry Schroder, co-founder of the Schroders business in 1804. Claire’s appointment reflects the commitment to Schroders of the Principal Shareholder Group, which has been an important part of Schroders’ success over the long term.
External appointments: Non-executive Director of Caledonia Investments plc, Director and Trustee of the Schroder Charity Trust and a Trustee of a number of charitable foundations.
Committee membership: Member of the Nominations and Governance Committee.

Rakhi Goss-Custard
Independent non-executive Director
Rakhi was appointed as an independent non-executive Director in January 2017.
Rakhi is an experienced executive in digital retailing, having spent 12 years at Amazon, where she was Director of UK Media. Prior to joining Amazon, she held roles at TomTom and in management consultancy in the US. She was previously a non-executive Director of Intu plc, Rightmove plc and Kingfisher plc. Rakhi’s experience in the digital world through her work at Amazon, and more recently through her experience as a non-executive Director on other boards, is highly valuable to the Group as digital innovation has an increasingly important impact on the asset management industry.
External appointments: Non-executive Director of Trainline plc and Chair of the Remuneration Committee.
Committee membership: Member of the Nomination and Governance Committee and Audit and Risk Committees.

Rakhi Goss-Custard
Independent non-executive Director
Rakhi was appointed as an independent non-executive Director in January 2017.
Rakhi is an experienced executive in digital retailing, having spent 12 years at Amazon, where she was Director of UK Media. Prior to joining Amazon, she held roles at TomTom and in management consultancy in the US. She was previously a non-executive Director of Intu plc, Rightmove plc and Kingfisher plc. Rakhi’s experience in the digital world through her work at Amazon, and more recently through her experience as a non-executive Director on other boards, is highly valuable to the Group as digital innovation has an increasingly important impact on the asset management industry.
External appointments: Non-executive Director of Trainline plc and Chair of the Remuneration Committee.
Committee membership: Member of the Nomination and Governance Committee and Audit and Risk Committees.

Ian King
Independent non-executive Director
Ian was appointed as an independent non-executive Director in January 2017.
Ian was Chief Executive of BAE Systems plc from 2008 to 2017, having been originally appointed to the BAE board as Chief Operating Officer, UK and Rest of the World. Prior to this, he was Chief Executive of Alenia Marconi Systems. Ian also served as a non-executive Director and Senior Independent Director of Rotork plc until June 2014. In December 2025, Ian was awarded a CBE in the King’s New Year Honours List for services to the transport and defence sectors. Ian brings strong global leadership expertise, gained through senior roles in major multinational companies and in capital markets as both an executive and non-executive director.
External appointments: Senior Adviser to the Board of Gleacher Shacklock LLP, Chairman of Senior plc, Director of High Speed Two (HS2) Limited and lead non-executive Director for the Department for Transport.
Committee membership: Member of the Nominations and Governance Committee and Remuneration Committees.

Ian King
Independent non-executive Director
Ian was appointed as an independent non-executive Director in January 2017.
Ian was Chief Executive of BAE Systems plc from 2008 to 2017, having been originally appointed to the BAE board as Chief Operating Officer, UK and Rest of the World. Prior to this, he was Chief Executive of Alenia Marconi Systems. Ian also served as a non-executive Director and Senior Independent Director of Rotork plc until June 2014. In December 2025, Ian was awarded a CBE in the King’s New Year Honours List for services to the transport and defence sectors. Ian brings strong global leadership expertise, gained through senior roles in major multinational companies and in capital markets as both an executive and non-executive director.
External appointments: Senior Adviser to the Board of Gleacher Shacklock LLP, Chairman of Senior plc, Director of High Speed Two (HS2) Limited and lead non-executive Director for the Department for Transport.
Committee membership: Member of the Nominations and Governance Committee and Remuneration Committees.

Leonie Schroder
Non-executive Director
Leonie was appointed as a non-executive Director in March 2019.
Leonie is currently a Director and Trustee of the Schroder Charity Trust and has held a number of roles in the charity sector. Leonie is a descendant of John Henry Schroder, co-founder of the Schroders business in 1804. Leonie’s appointment reflects the commitment to Schroders of the Principal Shareholder Group, which has been an important part of Schroders’ success over the long term.
External appointments: Director and Trustee of the Schroder Charity Trust and Director of a number of private limited companies.
Committee membership: Member of the Nominations and Governance Committee.

Leonie Schroder
Non-executive Director
Leonie was appointed as a non-executive Director in March 2019.
Leonie is currently a Director and Trustee of the Schroder Charity Trust and has held a number of roles in the charity sector. Leonie is a descendant of John Henry Schroder, co-founder of the Schroders business in 1804. Leonie’s appointment reflects the commitment to Schroders of the Principal Shareholder Group, which has been an important part of Schroders’ success over the long term.
External appointments: Director and Trustee of the Schroder Charity Trust and Director of a number of private limited companies.
Committee membership: Member of the Nominations and Governance Committee.

Annette Thomas
Independent non-executive Director
Annette was appointed as an independent non-executive Director in September 2023 and became the designated non-executive Director responsible for engagement with the workforce in January 2026.
Annette has 25 years’ experience in leading global publishing and data analytics businesses, across academic, educational and consumer media verticals. Most recently, she served as CEO of Guardian Media Group, a position she held until June 2021. Prior to this, Annette was CEO of the Web of Science Group at Clarivate plc, a data, analytics and software business focused on research and higher education. She has also served as CEO of Macmillan Publishers and led the digital and global transformation of Nature Publishing Group. Annette brings experience in leading global publishing and data analytics businesses, together with her expertise in digital, data and analytics. This provides great benefit to the Group as we continue to invest in these important areas.
External appointments: Non-executive Director of Pearson plc, Non-executive Director of EcoVadis, Senior Adviser to General Atlantic.
Committee membership: Member of the Nominations and Governance Committee and Remuneration Committees.

Annette Thomas
Independent non-executive Director
Annette was appointed as an independent non-executive Director in September 2023 and became the designated non-executive Director responsible for engagement with the workforce in January 2026.
Annette has 25 years’ experience in leading global publishing and data analytics businesses, across academic, educational and consumer media verticals. Most recently, she served as CEO of Guardian Media Group, a position she held until June 2021. Prior to this, Annette was CEO of the Web of Science Group at Clarivate plc, a data, analytics and software business focused on research and higher education. She has also served as CEO of Macmillan Publishers and led the digital and global transformation of Nature Publishing Group. Annette brings experience in leading global publishing and data analytics businesses, together with her expertise in digital, data and analytics. This provides great benefit to the Group as we continue to invest in these important areas.
External appointments: Non-executive Director of Pearson plc, Non-executive Director of EcoVadis, Senior Adviser to General Atlantic.
Committee membership: Member of the Nominations and Governance Committee and Remuneration Committees.

Frederic Wakeman
Independent non-executive Director
Frederic was appointed as an independent non-executive Director in January 2024.
Frederic was Managing Partner and Head of TMT at Advent International, a leading global private equity investor. During his 23-year career, Frederic managed Advent’s London and New York offices and served on both its European and North American Investment Advisory Committees. Frederic brings insights into the sustainability and conservation sectors. He also brings experience of private equity and private markets more generally, which is of great benefit as we continue to build Schroders Capital.
External appointments: Founder of Blue Endeavor Ventures and Co-Founder of Scale-Up Fund.
Committee membership: Member of the Nominations and Governance Committee, Audit and Risk Committee and Remuneration Committees.

Frederic Wakeman
Independent non-executive Director
Frederic was appointed as an independent non-executive Director in January 2024.
Frederic was Managing Partner and Head of TMT at Advent International, a leading global private equity investor. During his 23-year career, Frederic managed Advent’s London and New York offices and served on both its European and North American Investment Advisory Committees. Frederic brings insights into the sustainability and conservation sectors. He also brings experience of private equity and private markets more generally, which is of great benefit as we continue to build Schroders Capital.
External appointments: Founder of Blue Endeavor Ventures and Co-Founder of Scale-Up Fund.
Committee membership: Member of the Nominations and Governance Committee, Audit and Risk Committee and Remuneration Committees.

Matthew Westerman CBE
Independent non-executive Director
Matthew was appointed as an independent non-executive Director in March 2020 and was appointed as Chair of the Remuneration Committee in April 2022.
Matthew started his career at Credit Suisse First Boston, later joining Rothschild & Co, where he became Managing Director and Joint Chief Executive of ABN AMRO Rothschild. In 2000, he moved to Goldman Sachs, becoming a partner in 2002 and leading major businesses within the Investment Banking Division. He left Goldman Sachs in 2016 to become Co-Head of Global Banking at HSBC. In June 2024, Matthew was awarded a CBE in the King’s Birthday Honours List for services to museums and cultural heritage. Matthew brings significant experience of global financial markets after a distinguished career in investment banking.
External appointments: Director of MW&L Capital Partners, Foundation Fellow of Balliol College, Oxford, and Trustee of the UK Holocaust Memorial Foundation.
Committee membership: Chair of the Remuneration Committee and Member of the Nominations and Governance Committee and Audit and Risk Committees.

Matthew Westerman
Independent non-executive Director
Matthew was appointed as an independent non-executive Director in March 2020 and was appointed as Chair of the Remuneration Committee in April 2022.
Matthew started his career at Credit Suisse First Boston, later joining Rothschild & Co, where he became Managing Director and Joint Chief Executive of ABN AMRO Rothschild. In 2000, he moved to Goldman Sachs, becoming a partner in 2002 and leading major businesses within the Investment Banking Division. He left Goldman Sachs in 2016 to become Co-Head of Global Banking at HSBC. In June 2024, Matthew was awarded a CBE in the King’s Birthday Honours List for services to museums and cultural heritage. Matthew brings significant experience of global financial markets after a distinguished career in investment banking.
External appointments: Director of MW&L Capital Partners, Foundation Fellow of Balliol College, Oxford, and Trustee of the UK Holocaust Memorial Foundation.
Committee membership: Chair of the Remuneration Committee and Member of the Nominations and Governance Committee and Audit and Risk Committees.