Michael Marquardt exits BlackRock, seeks new role

The long-standing operations chief for BlackRock’s Asia-Pacific business, which has some $400 billion under management, has left to pursue other opportunities. Michael Marquardt oversaw technology, legal and compliance, project management, operations and corporate services in the region for BlackRock. He had worked the world's biggest asset manager (and its predecessor firm, Barclays Global Investors) for nearly 17 years, the last seven as Asia-Pacific chief operating officer. A…