BlackRock names CEO of world’s biggest oil producer to its board FMTNews FMTBusiness
Saudi Aramco CEO Amin Nasser serves on several boards, including the JP Morgan International Council.
Nasser has led the world’s biggest oil producer since 2015, including overseeing its public listing, and provides BlackRock with “a unique perspective” on key issues facing the company and its clients, CEO Larry Fink said Monday in an emailed statement. Environmental advocates have slammed the firm for continuing to pile capital into the fossil fuel industry, while some Republicans have accused BlackRock of peddling a “woke” agenda that they say is at odds with American capitalism.
He serves on several boards, including the Massachusetts Institute of Technology Presidential CEO advisory board and the JP Morgan International Council.
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