Schroders plc and Lloyds Banking Group plc today revealed the executive team at joint venture Schroders Personal Wealth.

The initiative is due to launch later this year the firms say “to help more people in the UK with their investments and Financial Planning.”

Schroders Personal Wealth will offer a personalised Financial Planning service backed by Lloyds Banking Group’s adviser teams and understanding of customer financial life-cycles, Schroders’ investment expertise and Benchmark Capital’s technology.

The new business will launch in June.
 

The executive leadership team, subject to regulatory approval will be:

• 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 and wealth advice

• Barrie Jackson, chief risk officer

• David Lawrence, chief commercial officer

• Colin Newham, chief internal auditor

• Joel Ripley, chief financial officer

Antonio Lorenzo, 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, 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.”