BlackRock on Tuesday added 20 of its top leaders to its global executive committee, which plays a vital role in shaping strategy for the world’s largest asset manager.
The company appointed executives including Sarah Melvin, who heads BlackRock’s European business, and Mike Pyle, who helps set its investment strategy across financial markets, to the powerful panel, according to a letter from chief executive Larry Fink and president Rob Kapito seen by the Financial Times.
“This expansion reflects our commitment to evolving with purpose and unlocking the full potential of talent across the firm,” Fink and Kapito wrote. “We view this as part of an ongoing refinement of our leadership structure — one that ensures we remain responsive to our clients, our people and the opportunities ahead.”