Abbott, who took on his new role as head of UK wealth, UK client group, last September, held a variety of roles during his time with Schroders, including country head, South Africa, and head of UK intermediary.
While his new role is not yet known, Investment Week understands Abbott’s onward destination is Vanguard.
In the interim period, Abbott’s responsibilities will be assumed by James Rainbow, Schroders UK head.
Schroders posts ‘resilient performance’ despite profits suffering from ‘market headwinds’
A Schroders spokesperson said: “Doug Abbott is leaving the business after mo…
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