The world’s largest asset manager BlackRock has appointed Tomoko Ueda to the position of chief operating officer for the Asia-Pacific region, effective September 3, reporting to Susan Chan, head of the region.
The appointment expands the role played by Ueda, who oversees all business operations in the region and leads the finance, corporate strategy and development teams to drive growth and operational efficiency.
She joined BlackRock in 2022 as its Asia-Pacific head of corporate strategy and development, the company says, “to formulate the firm’s strategy and execute against strategic priorities, while pursuing partnership opportunities in Asia-Pacific”. Before joining the firm, she was responsible for strategy and finance at Nikko Asset Management in Japan. She has had multiple leadership roles serving clients in the investment banking operations of Morgan Stanley and Merrill Lynch in the UK and Japan.
Ueda, who will relocate to Hong Kong from Tokyo, succeeds James Raby, who is relocating to New York to take on the role of global head of compliance.
“Ueda has demonstrated exceptional leadership in driving our growth initiatives throughout the region to align with the structural changes taking place in the global economy,” Chan says. “These market forces – be they digital disruption, demographic divergence, transition to a low-carbon economy or geopolitical fragmentation – are presenting us with opportunities to share our expertise and insights with clients and investors, as they rethink their portfolios to generate returns.”
