Schroders reshuffles client group team with new appointments

UK-based asset management and wealth management company Schroders has announced a reshuffle within its client group team, focusing on enhancing its client-first proposition.

The company has appointed four new senior executives, including Karine Szenberg as executive vice chair and Matt Oomen as global head of client group

Gopi Mirchandani has been named head of client group, Asia, while Jason Yu will take on the role of country head for Hong Kong, pending regulatory approval.

Mirchandani is taking over from Chris Durack, who has been named chair for Asia, a newly established position, until he leaves on 31 December. Mirchandani will report to Oomen.

Szenberg, currently global head of client group, will remain on the group executive committee in her new role, where she will focus on accelerating strategy by working with Schroders’ joint ventures and associates.

Oomen, who joins Schroders from US-based BNY Investments, will report to Richard Oldfield, group CEO.

With a 30-year career in financial services, Oomen was most recently global head of distribution at BNY Investments, responsible for product strategy, marketing, and sales across 30 countries.

At Schroders, he will focus on driving growth and building client relationships.

Before the BNY and Mellon merger, Oomen held roles at Mellon Global Investment and Zurich Financial Services.

He will also join the group executive committee at Schroders.

Oldfield said: “We are taking deliberate steps to embed our teams even more closely with our clients, to collaborate, innovate, co-create and solve for their future prosperity. We are committed to working in partnership across our industry to remain at the forefront of delivering client outcomes within asset management.

“In our Global Investor Insights Survey, there is clear evidence of investors looking to increase their use of actively managed investment strategies to strengthen portfolio resilience and capture specific investment opportunities amid mounting economic uncertainty and market volatility.”

Founded in 1804, Schroders managed assets worth £778.7bn ($975.3bn) as of 31 December 2024 and has a market capitalisation of approximately £6bn.

It operates through four core business divisions: public markets, solutions, wealth management, and Schroders Capital, specialising in private markets.

These appointments follow the naming of Jamie Fowler as head of UK Wealth and workforce reductions at Schroders Investment Management China.

"Schroders reshuffles client group team with new appointments " was originally created and published by Private Banker International, a GlobalData owned brand.