Schroders has announced the death after a short illness of its director Bruno Schroder aged 86 on 20 February.
Schroder served as a director of Schroders plc since 1963, and was appointed as a non-executive director of the organisation following the declining health of his father, Schroders former board chairman Helmut Schroder.
Schroder was the great-great-grandson of John Henry Schroder, co-founder of the Schroders businesses in 1804. Following national service in the life guards and Oxford University and the Harvard Business School, Schroder joined J. Henry Schroder & Co. Ltd in November 1960.
He began his career working in the internal audit division, in commercial banking and subsequently in corporate finance.
Schroders chairman Michael Dobson said: “Bruno made an enormous contribution to Schroders over more than 50 years. He was passionate about Schroders and unwavering in his support for the Company. His long experience, good judgement and sense of humour will be sorely missed.
"On behalf of everyone at Schroders I send our heartfelt condolences to Bruno’s wife and family.”
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