Published by Global Banking & Finance Review®
Posted on October 8, 2025
2 min readLast updated: January 21, 2026
Add as preferred source on GooglePeter Hargreaves steps down from Hargreaves Lansdown board, with son Robert taking his place, following a recent private takeover.
(Reuters) -Peter Hargreaves has stepped down from the board of Hargreaves Lansdown, the British investment platform he co-founded in 1981, and his son Robert Hargreaves will take his seat, the company said on Wednesday.
Peter, 79, who co-founded the group with Stephen Lansdown and took it public in 2007, rejoined the company's board in April a month after Hargreaves Lansdown was taken private by an international consortium.
The 5.4 billion-pound ($7.25 billion) takeover was funded by a group consisting of Europe's largest private equity firm, CVC Capital Partners, Abu Dhabi's sovereign wealth fund, and Swedish private equity firm Nordic Capital.
Robert has been a Board Observer with the firm since the takeover, the company said. He is currently the marketing manager at asset management group Blue Whale Capital, according to his LinkedIn page.
"I have been greatly impressed by the strength and direction of the team now leading the business and I am confident it is now well-placed for future success," Peter said in a statement.
($1 = 0.7453 pounds)
(Reporting by Mrinmay Dey, Nithyashree R B and Raechel Thankam Job in Bengaluru; Editing by Mrigank Dhaniwala and Harikrishnan Nair)
An investment platform is an online service that allows investors to buy, sell, and manage their investments, including stocks, bonds, and mutual funds, often providing tools for research and analysis.
A family business is a company that is owned and managed by members of the same family, often characterized by a strong commitment to the family's values and long-term vision.
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