Schroders plc (LON:SDR) has announced that Rhian Davies, having served on the Board for nearly nine years, has decided not to stand for re-election at our Annual General Meeting on 25 April 2024, and will therefore step down from the Board at the conclusion of the meeting.
Iain Mackay will succeed Rhian Davies as Chair of the Audit and Risk Committee. Iain was appointed as an Independent Non-executive Director of the Company on 1 January 2024. Iain has been a member of the Audit and Risk Committee since 1 January 2024 and is also a member of the Nominations Committee.
Elizabeth Corley, Schroders Chair said: “Rhian has made an enormous contribution to our Board and as Chair of the Audit and Risk Committee. We will miss her valuable insights and on behalf of the Board I would like to thank her for her significant contribution over the past nine years. Iain Mackay’s experience as a chartered accountant and as Chief Financial Officer of FTSE 100 companies means he is well placed to take over the important role of Audit and Risk Committee Chair”.
