21 May 2013, Dubai – BlackRock, Inc. (NYSE: BLK) today announces the appointment of Andrew MacKenzie as Managing Director and Head of iShares Middle East and Africa. In this newly created role, Andrew will focus on driving sales for iShares across the Middle East and Africa, supporting existing client relationships in the official institutions arenaas well as researching and prospecting new clients.
“With two decades of experience in the sector we are excited to welcome Andrew to our MEA team. Andrew has advised institutional investors, central banks and sovereign wealth funds in the region and is ideally placed to help lead our iShares offering across theregion.” said Nick Anderson, Head of MEA at BlackRock.
“His long-standing relationships have earned him ‘trusted adviser' status with a number of the largest and most sophisticated investors in Europe, Asia, Africa, the Middle East and Latin America. We are confident that through his leadership and industry knowledge, Andrew will prove to be a major asset to our team.”
Andrew will report to Leen Meijaard, Head of EMEA iShares Sales at BlackRock, with additional reporting lines to Nick Anderson, Head of MEA at BlackRock and Terry Keeley, Head of BlackRock's Global Official Institutions Group.
Commenting on his appointment, Andrew said: “BlackRock has long been recognised as a leader in the global investment management industry and I look forward to working as part of the MEA team to develop existing and new relationships with clients.”