BlackRock Appoints Aramco CEO Amin Nasser to Board of Directors

Amin Nasser, CEO of Saudi Aramco, is joining BlackRock's board of directors.
Nasser will fill the vacancy left by Bader Alsaad, bringing expertise in Middle East business and the global energy industry.
Nasser's experience aligns with BlackRock's long-term strategy and focus on the energy transition.
BlackRock continues to face criticism for fossil fuel investments but leads in ESG initiatives.
BlackRock sees global energy investment reaching $4 trillion annually by 2050 as the economy transitions.