BlackRock Appoints Melvin Head of North American Institutional Client Business

Jan 13 2017 | 9:46pm ET

BlackRock has reportedly tapped Sarah Melvin to lead the company’s institutional client business for the U.S. and Canada.

Melvin will begin her new duties in March, according to a report in Pensions & Investments. She moves into the role vacated by managing director Edwin Conway, who was named global head of institutional client business at BlackRock last November.

In her new role, Melvin will be responsible for executing and growing BlackRock’s institutional client business strategy in the U.S. and Canada. She will report to Conway.

Prior to the promotion, Melvin was global head of the strategic partner program and chief of staff in the office of CEO Larry Fink. Beforehand, she served as COO of the company’s EMEA retail business based in London and was co-head of BlackRock's Strategy Group. 

Founded in 1999, BlackRock is the world’s largest asset management firm, with a total AUM of more than $5.1 trillion as of September 30, 2016 across equity, fixed income, cash management, alternative investment, real estate and advisory strategies.

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