BlackRock names McCombe as Asia-Pacific chairman; Fung named as CEO of HSBC Hong Kong

Mark McCombe: buy-side move

BlackRock has hired former HSBC Hong Kong chief executive Mark McCombe as its new chairman for Asia-Pacific, as the asset manager seeks to accelerate its growth within the region.

McCombe will become a member of BlackRock's global executive and operating committees, reporting to chairman and chief executive, Laurence Fink. He succeeds Rohit Bhagat, who is approaching the end of a two-year commitment to serve as chairman of Asia-Pacific at the US asset management company.

McCombe, who was seen by

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