NEW YORK--(BUSINESS WIRE)--Barbara Novick, Vice Chairman and Co-Founder of BlackRock, Inc., was bestowed the 2016 Lifetime Achievement Award by Markets Media on Wednesday evening at the Markets Choice annual awards event in New York. Markets Media forms the leading subscription service covering the market ecosystem across institutional asset owners, investment managers and alternative trading systems, among others.
“Barbara’s career at BlackRock, spanning from establishing and leading our Global Client Group for 20 years and now our Government Relations team, has helped to lay the foundation for BlackRock’s success,” adds Rob Kapito, President of BlackRock, Inc. “Barbara has kept the client at the forefront of her work at BlackRock, and in doing so has driven BlackRock’s fiduciary culture. It is with great pleasure that I congratulate my friend and colleague on this well-deserved recognition.”
In her capacity as Vice Chairman for BlackRock, Novick heads BlackRock’s Government Relations and Public Policy team globally. This team works to ensure that the views of investors – from the most sophisticated institutions to the individual retail client – are heard in the regulatory reform process, and to ensure that the investment landscape of tomorrow is a better one.
Prior to Novick’s current role, from the inception of the firm in 1988 to 2008, Ms. Novick headed the Global Client Group and oversaw global business development, marketing and client service across equity, fixed income, liquidity, alternative investment and real estate products for institutional and individual investors and their intermediaries worldwide.
“I am honored to be recognized by Markets Media for my role in establishing BlackRock as a leading asset manager and for my work bringing the voice of investors to conversations on public policy and regulatory issues,” added Ms. Novick, who attended the awards program in New York.
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2015, BlackRock’s AUM was $4.645 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2015, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock