NEWS
BlackRock announces new head of APAC iShares
18 May 2012
Category:
News, Asia
BlackRock Inc has appointed Jane Leung as head of iShares Asia-Pacific. She will be responsible for driving the regional growth strategy and business operations of iShares and will become a member of the firm’s executive committee in Asia-Pacific and the global iShares executive committee. Ms. Leung will report to Mark McCombe, BlackRock's chairman, Asia-Pacific, and Mark Wiedman, global head of iShares.
Ms. Leung succeeds Nick Good who was appointed as BlackRock’s head of strategy and business development, Asia-Pacific in February.
Mr. McCombe said: “Investors in Asia are seeking out dynamic and diverse ways of investing that use both active and index investment strategies to boost returns. We expect assets under management and trading volumes in ETFs to grow significantly in Asia-Pacific as a result. Jane’s appointment reflects the importance we place on delivering the products and expertise our clients need.”
Ms. Leung has more than ten years’ experience with BlackRock. She currently serves as the head of BlackRock's Asia-Pacific index equity team, responsible for the team’s portfolio management activities. Before taking on her current role, she was the senior director of product for iShares Asia ex-Japan.
Ms. Leung said: “I am delighted to be taking up this role. I look forward to leveraging my experience in index portfolio management and iShares product development to ensure our global ETF leadership position is reflected in Asia-Pacific.”
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