On September 10, Schroders global, an asset management company based in London, appointed the company's Chief Financial Officer as the new Chief Executive Officer, ending a five-month search for a new leader. Schroders global stated in a statement that once regulatory approval is obtained, Richard Oldfield, who joined the company last year, will take over from Peter Harrison starting on November 8. Oldfield previously held various senior positions at PricewaterhouseCoopers for over twenty years, including Network Vice Chairman and Global Markets Leader, accumulating extensive experience in network and global markets.