BlackRock has named Tomoko Ueda as Chief Operating Officer for Asia Pacific, starting September 3. In this expanded role, Ms. Ueda will manage all business operations across the region and lead the Finance and Corporate Strategy & Development teams to enhance growth and operational efficiency. She will report to Susan Chan, Head of Asia Pacific, and will be relocating to Hong Kong from Tokyo.
Ms. Ueda joined BlackRock in 2022 as the Head of Corporate Strategy & Development for Asia Pacific, where she was responsible for shaping the firm's strategy, implementing strategic priorities, and exploring partnership opportunities in the region. Prior to her tenure at BlackRock, she managed Strategy and Finance at Nikko Asset Management in Japan. She has held several leadership positions in investment banking with Morgan Stanley and Merrill Lynch in both the UK and Japan. Tomoko Ueda will succeed James Raby, who is moving to New York to assume the role of Global Head of Compliance.
Susan Chan, BlackRock’s Head of Asia Pacific, said, “As we power into our next chapter of growth in Asia Pacific, I’m thrilled to appoint Tomoko as Chief Operating Officer. She has demonstrated exceptional leadership in driving BlackRock’s growth initiatives throughout the region to align with the structural changes taking place in the global economy. 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. We are uniquely positioned to accelerate our momentum in this part of the world, and I’m confident Tomoko will have a tremendous positive impact on our long-term success”.
Ms. Chan added, “James has been a dedicated and passionate leader. Beyond the direct impact he’s had on our business, he has mentored many of our young and talented professionals. On behalf of everyone in the BlackRock Asia-Pacific team, I wish to thank James for his great partnership over the past three years and wish him every success in the new role”.