. . . AND ZERO

Michael Dobson Chief executive, Schroders

Plans to install the Schroders chief executive, who has earned £50m in pay and perks over the past decade, as chairman of the asset management firm has led to claims of hypocrisy.

Dobbo, 63, will be paid £625,000 in the role. The Institute of Directors isn’t happy, saying it could compromise the board’s independence.