BlackRock welcomes Aramco’s Amin Nasser to its BoD

Aramco’s Amin Nasser is joining Blackrock’s BoD: The world’s leading asset manager BlackRock has named Saudi oil giant Aramco CEO Amin Nasser (LinkedIn) to its board, Bloomberg reports, citing an emailed statement. A leader at Aramco since 2015, Nasser is expected to provide the asset manager with a “unique perspective” on fundamental issues facing the company and its clients, CEO Larry Fink said. He is meant to take over from Bader Alsaad, the director general and chairman of the Arab Fund for Economic and Social Development who will not stand for reelection on the board next year, according to the asset manager. Blackrock has a USD 2.4 bn interest in the Saudi oil company, according to data compiled by Bloomberg.