Prime Highlights:
- Helen Watson transitions to chair of Rothschild & Co’s UK wealth management business after a decade as CEO, while continuing to support mentorship and champion women’s leadership.
- James Morrell will take over as CEO in January 2026, with Watson expressing confidence in his leadership and emphasizing the importance of mentorship.
Key Facts:
- Watson will remain involved in top-level decisions, including her role as co-chair of the diversity, inclusion, and balance steering committee.
- James Morrell, a long-time Rothschild & Co executive, will become CEO in 2026, overseeing operations across multiple UK cities, including London and Manchester.
Background
Helen Watson, a veteran leader in UK finance, will step into the role of chair at Rothschild & Co’s UK wealth management business. Watson has served as CEO for the past 10 years and will continue to support the management team, maintain client relationships, and contribute to the firm’s group responsibilities. Watson will also remain co-chair of the diversity, inclusion, and balance steering committee, a role in which she has championed inclusive workplace practices and promoted women’s leadership across the organization. She will keep working on the supervisory board and group partners committee, helping guide important decisions at the top level. Her successor, James Morrell, has been with Rothschild & Co since 2010 and will take on the role of CEO from 1 January 2026, pending regulatory approval. Morrell, who previously led the front office and served as deputy CEO, will oversee operations across London, Birmingham, Leeds, Manchester, and Guernsey. Watson emphasized the importance of strong mentorship and collaboration, saying, “I have worked with James for over two decades and have no doubt the business will go from strength to strength under his leadership. Supporting the next generation of leaders, especially women, has always been central to my approach.” Chairman Alexandre de Rothschild praised the leadership of Watson, saying that her vision and dedication have helped the company gain the trust of the clients and have established a reputation for excellent services. This shift highlights the increased presence of women in top financial positions, highlights Watson’s continued impact in shaping the future of UK wealth management, while supporting a fair and inclusive workplace.
