Schroders has appointed former Morgan Stanley director Huw van Steenis as global head of strategy and member of the group management committee.
In the newly created role, van Steenis, who will officially join in Q4, will be responsible for business strategy and corporate development at the asset manager.
Van Steenis spent 14 years as managing director and global coordinator banks and diversified financials research at Morgan Stanley. He also held roles at JPMorgan and Boston Consulting Group.
Schroders group chief executive Peter Harrison says: “Huw joins Schroders at a pivotal time for the industry. As a creative thinker and influential collaborator, his deep knowledge and experience of the investment industry is a valuable asset in these times of rapid change.
“Our highly-diversified business model and strong financial position gives us a firm foundation on which to grow. We see many interesting long-term opportunities and will be taking advantage of our position to invest behind them.”
Van Steenis says:“I look forward to working with Schroders’ pre-eminent teams to meet the challenges and opportunities for investors. The company has a bold strategy and a culture of ambitious continuous improvement, both of which will be critical in meeting the competitive challenges ahead.”