Schroders Wealth Management has announced the appointment of Peter Flavel as Chair and Independent Non-Executive Director of the Board of Schroder & Co (Asia) Limited, pending regulatory approval. Flavel will collaborate with Evonne Tan, the newly appointed CEO of Schroders Wealth Management, Asia, to drive growth in this key market.
Flavel brings over 30 years of experience in international private banking and wealth management, having held senior roles across Asia, Europe, the Middle East, and the Americas. His notable achievements include establishing Standard Chartered’s global Private Bank and serving as CEO of J.P. Morgan Private Wealth Management for Asia Pacific. Most recently, he was the CEO of Coutts, where he led significant transformation efforts.
The appointment underscores Schroders Wealth Management’s commitment to Asia as a core growth market. Oliver Gregson, CEO of Schroders Wealth Management, remarked, “Asia remains one of the most attractive long-term wealth markets globally and is central to our growth ambitions. Peter is a highly respected industry leader with a deep understanding of private banking, wealth management and the opportunities across Asia.”
Flavel expressed his enthusiasm, stating, “Schroders Wealth Management has a strong heritage, a distinctive client proposition and a clear ambition for growth in Asia. I am delighted to be joining the Board and look forward to working closely with Evonne and the wider team.”
This leadership change also marks a governance transition, with Jason Lai stepping down from the Board after years of contribution to the firm’s development in Asia. The firm expressed gratitude for Lai’s service to both the business and its clients.
