BlackRock has named the Saudi Aramco CEO to its board

<p>Reuters has the info of the appointment of Amin Nasser, the chief of the world's largest oil company Saudi Aramco to the board of the world's top asset manager, BlackRock. </p><p>as an independent director</p><p>Reuters says:</p><ul><li> His expertise in the Middle East will fill the gap left by Bader Alsaad, chairman of the board of the Arab Fund for Economic &amp; Social Development, who is not standing for reelection on BlackRock's board in 2024, the asset manager said on Monday.</li></ul><p><a href="https://www.reuters.com/business/blackrock-names-aramco-boss-board-2023-07-17/#:~:text=LONDON%2C%20July%2017%20(Reuters),)%2C%20as%20an%20independent%20director." target="_blank" rel="nofollow">Link here</a> for more. </p><p>Doesn't look like BlackRock will be doing too much dialling back of fossil fuel investment any time soon 😉 </p>

This article was written by Eamonn Sheridan at www.forexlive.com.