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iShares’ Bednall Departs

Written by Rebecca Hampson

April 04, 2013 16:10 (CET)

iShares’ product development director has left the firm, according to sources.

Managing director Martin Bednall left exchange-traded fund provider, iShares, last month, according to sources who wished not to be identified.

His future plans are unclear.

Prior to joining iShares, Bednall was at Barclays Global Investors (BGI) from 2000 to 2006 as a transition strategist, before taking on the role of integration director until 2008. BlackRock acquired BGI in 2009, when Bednall became product development director for Europe, the Middle East and Africa. Before joining BGI Bednall worked at State Street.

A spokesperson for the firm declined to comment.

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