BlackRock Inc said Nov. 26 that Geraldine Buckingham was named chair and head of BlackRock Asia Pacific. She succeeds Ryan Stork, who becomes deputy global chief operating officer, based in New York. Both appointments take effect in February 2019.
ASIA PACIFIC, November 26, 2018 – BlackRock, Inc. (NYSE: BLK) today appointed Geraldine Buckingham as Chair and Head of BlackRock Asia Pacific, succeeding Ryan Stork, who becomes Deputy Global Chief Operating Officer, based in New York. Both appointments take effect February 2019 and Ms. Buckingham will relocate to Hong Kong from New York.
Laurence D. Fink, BlackRock’s Chairman and CEO, said: “Asia-Pacific is one of BlackRock’s most critical priorities. Consistent with our approach around the world, we aim to have a truly local presence in Asia so we can respond to the unique needs, objectives, and cultures of our clients in each market. Ryan and Geraldine have been two key architects of our strategy in the region. For nearly five years now, Ryan has helped deepen our presence in the region by leveraging our global capabilities while tailoring them to local needs. With Ryan returning to New York, Geraldine will now drive forward our growth in the region and help us realize our longer-term ambitions of doing more for our clients that live in or want to invest in the region.
Geraldine has earned respect around the globe for her deep insights and understanding of our industry and our clients’ needs, particularly in Asia Pacific. She helped develop the firm’s long-term growth strategy for China, and has been a key voice in our strategy for retirement, wealth, alternatives and sustainable investing. Geraldine has the business expertise we need to drive our business forward.”
Geraldine Buckingham said: “BlackRock’s business in Asia Pacific is extremely well positioned to meet our clients’ retirement and wealth needs, thanks to Ryan and his team. I am thrilled to be taking on this new challenge and will maintain a sharp focus on current priorities, while capitalizing on major growth opportunities to deliver the right mix of investment strategies for our clients.”
Ryan Stork said: “I feel privileged to have led such a strong team to deepen our penetration in this high-growth region, particularly in terms of onshore access to the China market. I am now looking forward to taking on my new role to focus on how we can improve our global operating model, innovation and use of technology. As such, I take pleasure in the knowledge I will be continuing to contribute to the APAC growth story.”