One of the most prominent arrivals at Schroders is that of former Standard Chartered, JP Morgan and Coutts senior executive Peter Flavel, who will be taking on the roles of chair and independent non-executive on the the board of Schroders & Co (Asia).

Schroders Wealth Management, part of Schroders, has made a raft of C-suite and other senior appointments in different parts of its business, continuing changes as it intensifies its focus on speciific business lines.

And one of the arrivals is Peter Flavel (more details below), a former Coutts and JP Morgan Wealth Management (APAC) chief executive and senior Standard Chartered executive on its private banking arm.

The group, which includes Cazenove Capital, said it is “reinforcing its long-term ambition to be the partner of choice for high net worth and UHNW individuals, family offices, charities and endowments.”

The firm has appointed a new chief investment officer, Grace Lavelle, who is succeeding Caspar Rock. She has been the CIO for a decade and is now named vice chair for Schroders Wealth Management. Wilaf Moore, who has been appointed CEO, UK and Channel Islands for Cazenove Capital, has spent more than 25 years with Schroders and Cazenove Capital, Schroders said in a statement. 

Neil De Sousa is joining from HSBC Global Private Banking as head of Middle East and Geneva; most recently, he led HSBC's international global private banking business across the Middle East and North Africa, MENA, Asia, and UK markets in Switzerland. (The latter role involves catering to UK clients who live in Switzerland, a spokesperson clarified to this news service when asked.)

Peter Flavel and Asia
Separately, in Asia, Schroders said yesterday that it has appointed Flavel (pictured below) as chair and independent non-executive director of the board of Schroder & Co (Asia) Limited, subject to regulatory approval. Flavel will work with Evonne Tan, the recently-appointed CEO of Schroders Wealth Management, Asia.

Flavel is also a director at India-based Waterfield Advisors, a multi-family office.

Peter Flavel

An Australian national, Flavel  has served in senior leadership roles across Asia, Europe, the Middle East and the Americas. He established Standard Chartered’s global Private Bank and later served as CEO of JP Morgan Private Wealth Management for Asia-Pacific, based in Singapore. Most recently, he was CEO of Coutts in the UK, part of NatWest Group, leaving in July 2023. 

His appointment also marks a planned transition in the governance of the Asia business, Schroders said. Jason Lai, who has contributed to Schroders Wealth Management's development in Asia, will step down from the board. 

Recent moves
Schroders recently appointed Dominic Emmerson as Schroders Wealth Management’s vice chair, leading the firm's newly-created Global Family Office and Wealth Advisory business. 

"These appointments reflect both our ambition and our intent. We are building a wealth management business that is designed for the future – one that combines trusted relationships, world-class expertise and global connectivity to help clients navigate an increasingly complex world,” Oliver Gregson (pictured below), CEO of Schroders Wealth Management, said.

Oliver Gregson

"The needs of our clients are evolving. Our role is not simply to respond to that change, but to stay ahead of it – bringing together the right people, capabilities and technology to deliver advice that is personal, integrated and built around each client's ambitions,” he said. 

Schroders Wealth Management, including Cazenove Capital and Benchmark (excluding JVs and Associates) manages £123.9 billion ($165.9 billion) on behalf of its clients as at 31 December 2025. A week ago, Schroders said it had agreed to sell Benchmark, its UK integrated financial advice business, to Sweden-based Söderberg & Partners, which Schroders said will sharpen its focus on wealth management.

All these changes are happening while Schroders, a renowned name in the UK wealth and asset management sector, is being acquired by US-headquartered Nuveen, an investment firm which is part of TIAA, the US retirement fund organisation.