Asset Management

Schroders hires ex-IG Group boss as personal-wealth CEO

Asset manager unveils new recruit as head of Lloyds joint-venture, while North America CEO moves on

Monday 7 October 2019 at 16:59

Schroders, the FTSE 100 listed asset manager, has hired the former chief executive of online trading firm IG Group to head its new wealth management business.

Peter Hetherington will replace James Rainbow as chief executive of Schroders Personal Wealth, the joint venture between the asset manager and Lloyds Bank.