BlackRock's China head Tang leaving the company

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BlackRock's China head Tang leaving the company
Nederland Laatste Nieuws,Nederland Headlines

BlackRock Inc's head of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding operations in the world's second-largest economy.

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A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermidhead of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding operations in the world's second-largest economy.

Susan Chan, BlackRock's deputy head of Asia Pacific and head of Greater China, is now directly overseeing its China onshore business, the company said. Chan sits on the U.S. firm's global executive committee.

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