BlackRock has named Susan Chan as its head of Asia Pacific.
The appointment is a promotion for Chan, who most recently held the positions of deputy head of Asia Pacific and head of Greater China since 2021.
Chan replaces Rachel Lord who has been promoted to the position of head of international and will relocate to London.
Based in Hong Kong, Chan will lead BlackRock’s business, client, investment and operational platforms in the region, covering the firm’s ETF, trading, securities lending and technology offerings.
She will be supported by deputies Andrew Landman and Hiroyuki Shimizu.
The executive reshuffle comes just after BlackRock acquired Global Infrastructure Partners for US$12.5 billion in a move designed to expand BlackRock’s infrastructure business. US-based GIP has offices in Hong Kong, Mumbai and Sydney.
“Infrastructure is one of the most exciting long-term investment opportunities, as a number of structural shifts re-shape the global economy,” said BlackRock chairman Larry Fink when announcing the deal. “We believe the expansion of both physical and digital infrastructure will continue to accelerate, as governments prioritise self-sufficiency and security through increased domestic industrial capacity, energy independence, and onshoring or near-shoring of critical sectors.”
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