BlackRock hire of China chairman critical: McCombe
BlackRock’s Asia-Pacific chief, Mark McCombe, describes the appointment of former Goldman veteran Wang Hsueh-ming as critical to drive its China strategy.
BlackRock’s Asia-Pacific chairman, Mark McCombe, has said that hiring ex-Goldman Sachs veteran Wang Hsueh-ming as its first China chairman is one of the most critical appointments of his tenure.
The US fund house, which has 8.8% of its global assets sourced from Asia-Pacific, announced yesterday that Wang was set to start in this newly created role on February 18. She will be splitting her time between Hong Kong and Beijing.
Until now BlackRock’s China operation has not had a fi…
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