A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief executive as director, citing potential conflicts of interest around the asset manager's decarbonizing strategy as well as human rights concerns. The world's top asset manager BlackRock named Amin Nasser, the chief of the world's largest oil company Saudi Aramco as an independent director last year.
(Bloomberg) -- New York City Comptroller Brad Lander is pressing BlackRock Inc. shareholders to vote against the election of Saudi Aramco Chief Executive Officer Amin Nasser as an independent member of the company’s board.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire E
NEW YORK/BOSTON (Reuters) -A pension fund for New York City employees urged BlackRock's shareholders to vote against the election of Saudi Aramco's chief executive as director, citing potential conflicts of interest around the asset manager's decarbonizing strategy as well as human rights concerns. The world's top asset manager BlackRock named Amin Nasser, the chief of the world's largest oil company Saudi Aramco as an independent director last year.