BlackRock appoints new head of financial institutions
BlackRock has appointed Kimberly Kim to the newly-created role of head of financial institutions group, Asia Pacific, effective April 2018.
Kim would be based in Hong Kong and would be responsible for formulating and integrated business strategy targeting the region’s insurance companies.
She would report to Andrew Landman, BlackRock’s APAC head of client business, and David Lomas, head of global financial institutions group.
Kim joined from Deutsche Asset Management where she was most recently head of global client group for Hong Kong and regional head of insurance coverage for APAC ex-Japan.
She has almost 15 years of experience across asset management and global market division, serving the region’s institutional client business with a focus on the insurance and asset management client base.
“Asia Pacific’s fast-growing insurance industry operates in a low-yield environment, but benefits from wealth accumulation and renewed efforts to save for retirement,” Landman said.
“Kimberly’s exceptional track record will therefore add significant impetus to our capabilities in addressing these client challenges.”
AUTHOR
Oksana Patron
Recommended for you
BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size.
Financial advisers have expressed concern about the impact including private market exposure is having on their tracking error budget, according to MSCI.
State Street will restrict its membership of global climate alliance Net Zero Asset Managers after the organisation dropped its flagship 2050 goals amid ESG backlash from the US.
Betashares has launched a global shares and a global infrastructure ETF as part of the firm’s strategic expansion strategy to support financial advisers in building more diversified portfolios.
