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BlackRock hires former Goldman Sachs exec

Former Goldman Sachs executive director Katie Petering has joined BlackRock Australia as head of asset manager sales, iShares.

Katie Petering has left her position after 13 years as executive director of the private investor product group at Goldman Sachs to head up the iShares asset manager sales team with BlackRock Australia.

BlackRock head of iShares Australia Jon Howie said he was delighted to have Ms Petering join the expanding iShares team.

“As the leading industry ETF provider in Australia and globally, iShares constantly seeks to deliver ever greater value to our clients, via innovative product offerings and an in-depth understanding of the needs and preferences of institutional investors,” Mr Howie said.

“Katie’s appointment is a significant step forward in that endeavour, and will be of great value to our institutional clients as we continue to evolve our ETF solutions.”

Ms Petering’s 17 years of experience in financial markets across equities, fixed income and derivatives across the Asia-Pacific will see her develop investment solutions for asset managers, insurers, banks and pension funds in her new role, said BlackRock.

Separately, BlackRock’s chief operating officer Kathryn Barnes will move internally to take up the newly created role of head of digital technology. Ms Barnes will be responsible for “implementing BlackRock’s digital technology strategy and driving client engagement in a dynamic and complex wealth management environment”.


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