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BlackRock's head of Asia-Pacific investment stewardship to resign

BlackRock Inc. said Pru Bennett, head of its Asia-Pacific investment stewardship, will step down in January 2019, Reuters reported May 21, citing Michelle Edkins, the company's global head of investment stewardship.

The resignation comes despite the company's plans to double its investment stewardship team over the next three years from 30, a third of whom are based in Asia.