Schroders, the UK-based wealth and asset manager, announce today that Bruno Schroder, the company's long-serving non-executive director, has died.
Bruno Schroder, who died on Wednesday at the age of 86, was the great-great grandson of John Henry Schroder, who co-founded Schroders in 1804.
In a statement, the company said Schroder had served as a non-executive director since 1963.
Its chairman, Michael Dobson, said, "Bruno made an enormous contribution to Schroders over more than 50 years. His long experience, good judgment and sense of humour will be sorely missed. On behalf of everyone at Schroders I send our heartfelt condolences to Bruno's wife and family."
Schroders is valued at £7.2bn, and the Schroder and Mallinckrodt families together own 47.9% of the company.