SWFI First Read, January 13, 2017

Mubadala and IPIC Merger is on Track

It appears the merger between the Mubadala Development Company and International Petroleum Company (IPIC) is getting closer to fruition and could be completed by the end of the first quarter of 2017.

BlackRock Named Sarah Melvin as Head of the Institutional Business for North America

Asset management giant BlackRock promoted Sarah Melvin as head of the institutional client business for the U.S. and Canada. She will start in her new position effective March 2017. She replaces Edwin Conway who moved on to be Global Head of Institutional Business at BlackRock. Before this new role, Melvin was Managing Director and Head of the Strategic Partner team at BlackRock.

Tsay Feng-Ching Named Director General of Taiwan’s BLF

Tsay Feng-Ching was named Director General of Taiwan’s Bureau of Labor Funds (BLF), effective January 16, 2017. He is Vice Chairman of Taiwan’s Public Service Pension Fund. He held roles at Taiwan’s Financial Supervisory Commission and Taiwan’s Ministry of Finance.

Méka Brunel Named CEO of Gecina, Exits Ivanhoé Cambridge

Méka Brunel was named Chief Executive Officer of Gecina, a French residential, office, and healthcare focused real estate investment trust.. She replaces Philippe Depoux. Since 2009, Brunel was with Ivanhoé Cambridge as president of Europe. On April 23, 2014, Méka Brunel was appointed as a director with Gecina.

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