The enormously influential investment behemoth BlackRock, described by Reuters as “the world’s biggest money manager,” has appointed Lars Meisinger as European Chief Operating Officer for alternatives.
Meisinger, who was previously an executive at Man Group, will be responsible for BlackRock’s alternative investment unit for the continent. Reporting to David Bonfili, Global COO for alternatives, his role will involve overseeing $115 billion in alternative assets such as hedge funds and private equity funds in the EMEA region.
“Lars’ appointment is a reflection of our commitment to strengthen our alternatives team in Europe to meet our clients increasing demand,” said Andy Stewart, Co-Head of BlackRock Alternative Investors.
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Urjut Patel has been named as the new governor of the Reserve Bank of India (RBI) and will succeed Raghuram Rajan, whose term ends on September 4.
Frank Vang-Jensen, who was appointed in March 2015, apparently went against the Swedish bank’s decentralised model.
The second global Women in Financial Services report finds slow progress for women leaders in financial services.