Schroders has appointed Patrick Schwyzer as its new head of Client Group, Europe.
Schwyzer, who joins the firm from UBS (previously Credit Suisse), brings over 20 years of experience in private banking and asset management.
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In his upcoming role, he will be responsible for developing and implementing Schroders’ client strategy across European markets.
Schwyzer is expected to work with country heads to advance Schroders’ business among wealth, wholesale, and institutional clients.
His remit includes adapting global objectives to address the specific requirements of clients in the region and expanding the company’s presence across different market segments.
Previously, Schwyzer served as CEO of Credit Suisse (Luxembourg), now under UBS, overseeing more than 350 employees in several European countries.
His responsibilities included managing and expanding the wealth management platform and guiding its strategic direction.
Schwyzer is set to start his new position on 7 April 2026 and will be based in Zurich.
He will report to Matt Oomen, Schroders’ global head of Client Group.
In recent results, Schroders’ EMEA division generated more than £700m ($924.3m) in net operating revenue for 2025 and managed £135.1bn in assets.
The firm has also expanded its product range in Europe, notably launching active ETFs that have attracted over $1bn in assets within four months.
The appointment comes as Schroders continues to add to its senior leadership team, with recent hires including head of ETFs and head of UK Institutional.
This February, Nuveen agreed to acquire Schroders for about £9.9bn, covering all issued and to-be-issued shares.
Under the terms, shareholders will receive £5.90 per share in cash at completion, totaling £9.5bn, along with dividends up to 22 pence per share before closing, resulting in a full valuation of £9.9bn.
