BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg
BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg

BlackRock uses voting might against independent directors as overstays intensify in Asia-Pacific

  • Almost a fifth of independent directors in Hong Kong-listed firms have retained their boardroom seats for longer than nine years
  • Proposals to tighten re-election rules are in store, will put the city in touch with reforms in other smaller markets in the region

Topic |   ESG investing
BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg
BlackRock voted against the reappointment of 1,448 independent directors in 819 Asian companies in the 12 months to June 30. Photo: Bloomberg
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