Schroders appoints former Amazon exec to board in digital push

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Schroders has appointed former Amazon executive Rakhi Goss­-Custard to its board in an effort to boost digital experience.

Goss­-Custard will be part of the nominations committee and begins in January.

Earlier this month there had been speculation that Avid Larizadeh Duggan, a partner at Google Ventures, was due to join the board.

Schroders chairman and chief executive Michael Dobson says Goss­-Custard’s experience at Amazon will be relevant as digital becomes increasingly important for the asset management industry.

Goss­-Custard was responsible for home, garden and DIY product ranges at Amazon, where she worked for 11 years. She is a non-executive director of Kingfisher, Rightmove, Intu Properties and Aim-listed Be Heard.

Schroders added Ian King, chief executive of British defence company BAE Systems, to its board as non-executive director last week.

Asked about the reported appointment of Avid Larizadeh Duggan, a Schroders spokeswoman said the firm does not comment on rumour and speculation.