- BAE Systems chief executive Ian King has joined the Schroders board and nominations committee with effect from 1 January.

Schroders chairman Michael Dobson said: "We are delighted to welcome Ian to the Board. Ian brings considerable experience in leadership positions in major multi-national companies which will be of great value to us as we continue to grow our business internationally."

At 2:18pm: [LON:SDR] Schroders PLC share price was +47.5p at 2847.5p

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