https://www.cnbc.com/2023/07/17/blackrock-names-saudi-aramco-ceo-amin-h-nasser-to-board.html
BlackRock said Monday that Saudi Arabian oil giant Aramco CEO Amin H. Nasser is joining the asset manager’s board of directors.
The world’s largest asset manager said the move reflects the firm’s emphasis on the Middle East as part of its long-term strategy. BlackRock managed more than $8 trillion client assets as of 2022.
“Amin’s distinguished career at Aramco, spanning more than four decades, gives him a unique perspective on many of the key issues facing our firm and our clients,” Larry Fink, chairman and CEO of BlackRock, said in a statement.
“His leadership experience, understanding of the global energy industry and the drivers of the shift towards a low carbon economy, as well as his knowledge of the Middle East region, will all contribute meaningfully to the BlackRock Board dialogue,” Fink added.
