February 23, 2024

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BlackRock names Aramco CEO Amin Nasser to its board of administrators

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“His management expertise, understanding of the worldwide vitality trade and the drivers of the shift towards a low-carbon economic system, in addition to his data of the Center East area, will all contribute meaningfully to the BlackRock board dialogue,” Fink mentioned within the assertion.

Bader Al-Saad, director common and chairman of the Arab Fund for Financial and Social Growth, gained’t stand for re-election to BlackRock’s board subsequent 12 months, in line with the assertion.

Nasser serves on a number of boards, together with the Massachusetts Institute of Know-how Presidential CEO Advisory Board and the JP Morgan Worldwide Council.

BlackRock, the world’s greatest asset supervisor, has a $2.4 billion curiosity within the oil producer.

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