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Blackrock appoints a new global head of renewable power

The world's largest asset manager has promoted executive David Giordano to global head of renewable power.

BlackRock Inc, the world’s largest asset manager, promoted David Giordano to global head of renewable power.Giordano replaces Jim Barry, who will remain global head of real assets, according to an internal memo Thursday obtained by Bloomberg.

Giordano joined the team when it was formed in 2011 and has overseen renewables in the Americas and the Asia-Pacific region.BlackRock manages renewable-energy assets on four continents worth more than USD 5 billion, according to the memo.

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