Michelle Edkins will take over from Abe Friedman as BlackRock’s Global Head of Corporate Governance and Responsible Investment.
Friedman, who was a founding partner of proxy firm Glass Lewis, where he was chief policy officer and general counsel, has decided to leave BlackRock. He is believed to be considering launching a new governance focused activist fund.
BlackRock, the world’s largest asset manager, has more than $3.5trn in assets under management and over $200bn in responsible investment mandates. (BlackRock names new global corporate governance and RI head, Responsible Investor, 3/11/2011)