Tag Archives: ‎BlackRock

Global Finance Heavyweight Larry Fink Appointed WEF Interim Co-Chair LONDON — Larry Fink, the Chairman and Chief Executive of BlackRock, the world’s largest asset manager, has been appointed as an interim co-chairman of the World Economic Forum (WEF). The appointment, announced on Friday, sees Fink take on the influential role alongside André Hoffmann, the vice chairman of Swiss healthcare giant Roche Holding. The move comes at a pivotal and tumultuous time for the global economy, marked by geopolitical fragmentation and rising protectionism. Fink’s appointment is part of a broader governance overhaul for the WEF, which organises the high-profile annual meeting of global leaders in Davos. The leadership change follows a recent internal review that cleared the organisation’s founder, Klaus Schwab, of any material wrongdoing. Schwab had stepped down from his position as head of the WEF's board...