BlackRock unveils Asia executive team

Former under-secretary of US Treasury Department named chairman of Asian businesses.

US-based investment firm, BlackRock has announced a major expansion in the region, naming several executives to focus on its business in Asia-Pacific and the Pacific Rim.

Recent BlackRock arrival Peter Fisher has been made chairman of Blackrock's Asian businesses, where he will be responsible for execution of its strategies in Asia. As part of the new role, Fisher will direct new business development for both investment management and BlackRock solutions, while also overseeing local trading and potential portfolio management initiatives.

The job also sees Fisher acting as BlackRock's senior representative to regulatory authorities and local business communities.

He...

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