Schroders head of UK wealth Doug Abbott is set to exit the firm after 15 years.
Having originally joined the firm as a graduate trainee, he was named head of UK wealth in September 2023 following Gillian Hepburn’s appointment as commercial director of Schroders’ subsidiary Benchmark.
Abbott’s responsibilities will be taken up by Schroders UK head James Rainbow in the interim.
A Schroders spokesperson said: “Doug Abbott is leaving the business after more than 15 years at Schroders and we would like to wish him every success in the future.
“Schroders has an award-winning UK Wealth business, which benefits from a strong brand, market-leading recognition among UK advisers and wealth managers and a compelling investment proposition.
“The business has been gaining market share and is well placed to continue this growth, supported by the depth of its offering and investment talent.”
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