BlackRock’s Asia-Pacific Head McCombe Not Taking RBS Post

Mark McCombe, BlackRock Inc. (BLK)’s Asia-Pacific chairman, told Royal Bank of Scotland Group Plc he isn’t interested in the chief executive officer position and plans to stay at the world’s biggest money manager, according to a BlackRock spokesman.

McCombe, who joined BlackRock in September 2011, informed his senior staff today about his decision to stay at BlackRock, said Brian Beades, a spokesman for the New York-based firm. The Financial Times reported earlier today that McCombe was the leading external candidate for the CEO role at RBS.

Ed Canaday, a spokesman for RBS, didn’t immediately respond to a phone call after business hours.

To contact the reporter on this story: Alexis Leondis in New York at

To contact the editor responsible for this story: Christian Baumgaertel at

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