Posted inPeople Moves

BlackRock promotes Susan Chan to head of Asia Pacific

The asset manager also names two deputy heads and a COO of Asia Pacific, and a new head of China.

BlackRock has named Susan Chan as head of Asia Pacific, and appointed Andrew Landman and Hiroyuki Shimizu as deputy heads of Asia Pacific as part of a reshuffle of its leadership team in the region. All the appointments are effective immediately.

Chan (main picture) succeeds Rachel Lord, who relocates to London and takes on the role of BlackRock’s head of International.

Based in Hong Kong, Chan will be responsible for leading the firm’s Asia Pacific full range of business, client, investment and operational platforms serving wealth and institutional investors via BlackRock’s active, index, ETFs, alternatives and technology offerings.

“My leadership team and I are sharply focused on accelerating the momentum in the region to achieve the best investment outcomes for our clients,” said Chan in a statement.

Chan has more than three decades’ experience in financial services and asset management industries, having played various leadership roles in capital markets, trading, investments and client business.

Her tenure of more than 10 years at BlackRock has included leading the ETF and Index Investing business, managing the trading, liquidity and securities lending team, and overseeing the sustainable and transition investing group, as well as developing BlackRock’s onshore business in mainland China.

Chan was previously BlackRock’s deputy head of Asia Pacific, head of Greater China, and head of trading, liquidity & lending for Asia Pacific. She joined the firm in Hong Kong in 2013 as head of iShares capital markets and products for Asia Pacific, before becoming head of ETFs and index investing, a role she held until 2021.

Chan currently sits on BlackRock’s global executive committee, as well as the global markets committee and the firm’s Asia Pacific executive and steering committees.

BlackRock has also named head of Australasia Andrew Landman, and head of Asia Pacific institutional & head of North Asia (Japan and South Korea) Hiroyuki Shimizu as deputy heads of Asia Pacific.

In addition to leading teams in Australia and New Zealand markets, Landman (pictured left) will expand his role to oversee Southeast Asia and the Asia Pacific wealth business.

Shimizu (pictured below) will continue to lead BlackRock’s Asia Pacific institutional business, while expanding his remit to cover Taiwan, in addition to Japan and South Korea.

Meanwhile, Asia Pacific Head of wealth James Raby will take on the role of chief operating officer for Asia Pacific, and Hua Fan becomes head of China.

Part of the Mark Allen Group.