In a senior management rejig, BlackRock has roped in a new managing director to spearhead its wealth management business in APAC while seeing its Australasia COO depart to join UBS Asset Management.
BlackRock hires head of wealth for APAC
Global investment manager BlackRock has reportedly roped in Guilherme Lima from Australian bank Westpac, to be its head of wealth for APAC.
At Westpac, Lima led private banking, commercial banking and SME banking. Prior to Westpac, he was with HSBC in various wealth-related roles. Lima also used to be a partner at McKinsey in New York and Sao Paulo.
BlackRock operates 25 offices throughout Asia Pacific, according to information available on its website. The firm has 287 investment specialists in this region, focused on equities, fixed Income, multi-asset, alternatives and exchange-traded funds.
UBS Asset Management poaches BlackRock exec
UBS Asset Management has appointed Alison Telfer as country head for Australia and New Zealand, according to media reports.
Telfer, who is chief operating officer, general counsel and head of public policy at BlackRock Investment Management Australasia, will assume office in January 2022.
She will take over from John Mowat, who will return to his previous role of head of UBS Asset Management’s real estate business.
Before her stint at Blackrock, Telfer was director of specialised product development and co-investment at Challenger.