Schroders has announced a replacement for Massimo Tosato, currently executive vice chairman and global head of distribution, who will retire from the board at the end of the year.
Tosato's (pictured) role will be split in two, with John Troiano taking over as global head of distribution and Richard Mountford becoming global head of product. Troiano is currently head of global institutional business at the firm, having joined in 1981, and has also been deputy head of distribution since September 2012. Mountford is currently head of Asia Pacific and has been at Schroders since 1980, having joined as a UK equities analyst. In 2004, he was appointed head of UK distribution and in 2008 became global head of intermediary sale. The news follows the firm's CEO Mi...
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