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BlackRock appoints head of institutional for Netherlands and Nordics

by Nick Fitzpatrick
18 September 2024
BlackRock appoints head of institutional for Netherlands and Nordics
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BlackRock has appointed Jacob de Wit as head of institutional for the Netherlands and the Nordics, a newly created role reflecting the firm’s growing focus in these regions. De Wit will be based in Amsterdam and collaborate closely with Geert-Jan Troost, head of institutional for the Netherlands, and Jon Valdelin, head of institutional for the Nordics.

With around €300 billion in institutional client assets under management across these regions, BlackRock’s institutional business has been experiencing significant growth, the firm said. De Wit’s appointment is seen as a strategic move to further strengthen the firm’s leadership.

“This appointment underscores the growth of our institutional business in these markets and the increasingly complex relationships we manage,” said Anne Parthiot-Mons, head of Europe & Africa institutional and global co-head of consultant relations. She highlighted the importance of addressing key client demands such as the shift from defined benefit (DB) to defined contribution (DC) schemes in the Netherlands, alongside increased interest in ETFs, private assets, and sustainable investing.

Monique Donders, BlackRock’s country head for the Netherlands, added that the move ensures Dutch institutional clients continue to receive top-tier service, especially during the upcoming pension transitions.

De Wit brings over 30 years of experience in asset management, having previously served as CEO of Achmea Investment Management and ACTIAM.

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