Schroders' : statement on Sir Win Bischoff's passing

Dame Elizabeth Corley, Chair, Schroders, commented:

"It is with great sadness that we note the passing of Sir Win Bischoff. Having joined Schroders in 1966, he was appointed as Chief Executive in 1984 and became Chairman in 1995, a position he held until 2000.

"He drove Schroders' growth in Asia, and his partnership with Gowi Mallinckrodt was pivotal in shaping Schroders including the sale of the investment bank business to Citigroup in 2000.

"He went on to become Chairman of Citigroup, Lloyds Banking Group and the Financial Reporting Council. He also served on a number of other boards including S&P Global, Prudential, Eli Lilly and Land Securities.

"Sir Win had a significant impact in shaping Schroders. He will be remembered fondly by all those who worked with him. We send our sincere best wishes to his family."