Schroders plc announced the overhaul of its group-wide leadership team, involving several internal promotions and the exit of two senior executives. As part of restructure, the firm is set to elevate group CIO Johanna Kyrklund and global head of equities Rory Bateman as the new co-heads of Investment. Additionally, it promoted EMEA head Karine Szenberg to a global role covering marketing, communications and product.

Schroders global head of Marketing and Communications Beth Saint was added to the group management committee (GMC) as part of the firm's increased focus on digital client acquisition. Lesley-Ann Morgan, currently head of Multi-Asset Strategy, will also assume the role of Schroder Unit Trusts CEO, subject to regulatory approval. Schroders global head of Investment Charles Prideaux is now appointed as the firm's global head of Strategy and Solutions.

Phil Middleton, who is currently Institutional North America head, is promoted as head of North America. Middleton will be part of Schroders GMC. Schroders global head of Product Solutions & Quant Carolina Minio-Paluello and North America CEO Marc Brookman will exit the firm to pursue other opportunities.