Andrew Reynolds will join BlackRock in Hong Kong as chief financial officer and head of corporate strategy for the Asia-Pacific region, effective Feb. 25.
The position is new and combines “running the treasury” with “the execution of strategy,” said Mark McCombe, BlackRock's Hong Kong-based chairman, Asia-Pacific, and senior managing director, in a telephone interview Monday.
While the CFO function is new, for the head of corporate strategy role Mr. Reynolds effectively replaces Nick Good, the Hong Kong-based managing director and head of strategy and business development, Asia-Pacific, who left at the end of January to pursue other opportunities, according to a company spokeswoman.
Mr. Good couldn't immediately be reached for comment.
Mr. Reynolds was most recently head of Asia-Pacific for Hong Kong-based brokerage and investment house CLSA, and helped negotiate the purchase of CLSA by Beijing-based CITIC Securities Company from Paris-based Credit Agricole Corporate and Investment Bank, Mr. McCombe said in the telephone interview.
A CLSA spokeswoman said Mr. Reynolds left the firm about a year ago.
Mr. Reynolds couldn't be reached immediately for information on his activities over the past year.