In this new role, Hildebrand will work to improve the firm’s relationships with its clients.
Based in London, Hildebrand will report directly to BlackRock’s chairman and CEO Laurence Fink and will serve as a member of the firm’s global executive committee, as well as its EMEA and Asia Pacific executives committees.
Fink said that few leaders are as widely respected for their expertise, judgment and integrity as Philipp Hildebrand.
"He embodies superb qualities of intellect and character that are critical to earning our role as a trusted advisor to our clients," Fink said.
Most recently, Hildebrand served as chairman of the Swiss National Bank (SNB).
Prior to joining the SNB, Hildebrand was at Union Bancaire Privee in Geneva from 2001 until 2003, where he held the positions of chief investment officer and member of the executive board.
