BlackRock has announced the appointment of James Raby as its new APAC head of wealth.
Mr Raby was most recently BlackRock’s APAC CFO, based in Hong Kong, where he oversaw finance, corporate strategy and corporate development initiatives across the region.
His service with the firm dates back to 2005, when he was a director of strategy for Barclays before serving as a principal at BGI, which BlackRock acquired in 2008.
During his time at BlackRock, he has worked closely with the APAC business, including as a member of the global strategy team and as the global head of financial planning and analysis.
BlackRock said that Mr Raby will channel his knowledge, expertise and connectivity into serving clients with the full spectrum of BlackRock’s capabilities as part of his new role.
“Clients are turning to BlackRock more than ever, as we expect to offer an unrivalled platform of investment and risk solutions. We believe our ability to deliver the highest quality investment strategies and client service is unparalleled in APAC’s asset management industry,” said BlackRock’s chair and head of APAC, Rachel Lord.
“Our partnerships with wealth management, retail banking and private banking clients in the region have grown significantly over the last two years, powered by our sharp focus on whole portfolios to help their end clients achieve greater resilience.”
Mr Raby is a graduate of Columbia Business School and holds a B.S. in engineering and a B.A. in economics from the University of Melbourne.
Commenting on his appointment, Mr Raby said that he looked forward to developing closer client partnerships with the aim of meeting their long-term investment goals.
“APAC wealth clients are keenly focused on partners who understand their business and the challenges they face. This is critical to ensure we are bringing our clients with the most relevant solutions,” he said.
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.