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People: BlackRock appoints new head of Asia Pacific

Geraldine Buckingham, BlackRock

BlackRock has appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, succeeding Ryan Stork, who has been appointed deputy global chief operating officer. Buckingham, who will relocate from New York to Hong Kong, was previously BlackRock’s head of Americas corporate strategy. Before joining BlackRock, she was a partner with McKinsey & Co’s financial services practice. Buckingham, who hails from Australia, holds both Bachelor of Medicine and Bachelor of Surgery (MBBS) degrees from Monash University along with an M.Phil in Comparative Social Policy from Oxford.

Life insurer MetLife has made four new appointments to its retail sales team to support its recently launched retail product range, MetLife Protect. Marcus Chan (ex-BT) has been appointed sales manager New South Wales; Aaron Nugent (ex-BT) has been appointed sales manager Queensland; Patrick Murphy (ex-AMP) has been appointed sales manager Western Australia and South Australia; and Stephen Nyabadza (ex-Comminsure) has been appointed sales manager Victoria. The appointments take MetLife’s retail sales team to 10 and gives the company nationwide support.

Lenders mortgage insurer Genworth has appointed Michael Bencsik as its chief financial officer. A Certified Practising Accountant and Chartered Certified Accountant, Bencsik was most recently the deputy chief financial officer at Bank of Queensland and its subsidiary St Andrew’s Insurance Australia.

Industry veteran Brenda Shanahan has announced her resignation from the board of Bell Financial Group after six years as an independent non-executive director.

Resolution Capital has appointed Sonia Luton managing director, with responsibility for the company’s operational and business activities. The move will free up highly-rated founder Andrew Parsons to focus on his role as chief investment officer. Morningstar, which rates Resolution’s Global Property securities Fund ‘gold’, says the separation of day-to-day management and investment roles is a good move, particularly as the company’s funds under management and client numbers grow.