Schroders CEO Peter Harrison plans to retire in 2025, prompting a search for a successor.

Schroders CEO Peter Harrison plans to retire in 2025, initiating a search for his successor. Harrison, who led assets under management to rise from £300bn in 2016 to £751bn, will remain a company director during the transition. London-based asset manager Schroders has entrusted executive search firm Russell Reynolds with finding a new CEO.