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Schroders-Lloyds joint venture lines up third CEO in two years

News Team, 19/06/2020

Peter Hetherington

Schroders Personal Wealth (SPW) is set to appoint its third chief executive in less than two years, as Peter Hetherington steps away from the business after eight months in the role.

SPW, a joint venture between Lloyds Bank and Schroders launched in June 2019, said in a statement that Mr Hetherington was leaving to “pursue other prospective employment opportunities” following his gardening leave period.

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