BlackRock names Gary Shedlin CFO

Tue Feb 12, 2013 6:22pm EST

Feb 12 (Reuters) - BlackRock Inc, the world's largest money manager, said Gary Shedlin will succeed Ann Marie Petach as chief financial officer.

Shedlin, who has been a long-time strategic and financial adviser to BlackRock, will join the company on March 11 and work with Petach through a transition period till the company's current-quarter results.

Petach is joining BlackRock Solutions as a senior managing director in the client solution business, the company said in a statement.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.