Schroders has announced several changes to executives’ roles, two months after it appointed a new chief executive and revealed its executive vice chairman planned to retire.

In March, Schroders said Massima Tosato, its executive vice chairman who also holds the role of global head of distribution, planned to retire from the board on December 31. The statement was made as it promoted its head of investments Peter Harrison to global chief executive role, replacing Michael Dobson, who stepped up to become chairman.