Schroders plc and Lloyds Banking Group plc today confirm the executive team at Schroders Personal Wealth – a joint venture launching later this year to help more people in the UK with their investments and financial planning.
The executive leadership team will be as follows (subject to regulatory approval):
- James Rainbow, Chief Executive Officer
- Nick Allen, Chief Operating Officer
- Marcus Brookes, Chief Investment Officer
- James Cardew, Chief Marketing Officer
- Marietta Connery, Head of Human Resources
- Sarah Deaves, Managing Director, Client Relationships & Wealth Advice
- Barrie Jackson, Chief Risk Officer
- David Lawrence, Chief Commercial Officer
- Colin Newham, Chief Internal Auditor
- Joel Ripley, Chief Financial Officer
The team will drive the design of Schroders Personal Wealth, which will offer a personalised financial planning service backed by Lloyds Banking Group’s experienced adviser teams and understanding of customer financial life-cycles, Schroders’ investment expertise and Benchmark Capital’s award-winning technology. The new business will launch in June 2019 (subject to regulatory approval).
Commenting on the appointments, Antonio Lorenzo, Chief Executive of Scottish Widows and Lloyds Banking Group Director of Insurance and Wealth, and Chairman of Schroders Personal Wealth, said:
“This is an exciting step forward for our strategic partnership. The leadership team, which brings the best of both companies together, will help us continue to accelerate the development of a market-leading proposition to benefit customers.”
James Rainbow, Chief Executive Officer of Schroders Personal Wealth, said:
“We are making great progress on designing a leading financial planning offering backed by Lloyds Banking Group’s and Schroders’ expertise. I look forward to working with the leadership team to shape a proposition that meets the evolving needs of UK investors and savers.”
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For further information, please contact:
Lucy Cotter
Communications Manager, Schroders
lucy.cotter@schroders.com /+44 (0) 7770 496 846
Kimberley Hamilton
Senior Media Relations Manager, Lloyds Banking Group
kimberley.hamilton@lloydsbanking.com / +44 (0) 7557 257 298
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