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promotion at blackrock

30 Mar 12

BlackRock has promoted Alex Hoctor-Duncan to head of retail for EMEA, while current international retail head Maarten Slendebroek is set to leave for Jupiter.

BlackRock has promoted Alex Hoctor-Duncan to head of retail for EMEA, while current international retail head Maarten Slendebroek is set to leave for Jupiter.

Currently head of sales for the EMEA region, Hoctor-Duncan has headed up the BlackRock’s UK retail business since 2007 having originally joined the firm 10 years earlier.

Slendebroek will help with the transition before becoming an executive director at Jupiter, responsible for distribution and strategy, in the second half of this year. He will report directly to group chief executive Edward Bonham Carter.

Hoctor-Duncan will report to Rob Fairbairn, head of BlackRock’s Global Client Group (GCG) and James Charrington, chairman of the EMEA region. He will also join the firm’s EMEA and GCG executive committees.

BlackRock also confirmed that Mark McCombe, chairman of Asia Pacific, will oversee the retail business in that region, while South America will be looked after by Armando Senra, deputy head of the Latin America & Iberia region.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.