Jio BlackRock Investment Advisers, a 50:50 joint venture between Jio Financial Services and BlackRock, announced the appointment of Marc Pilgrem as its Managing Director (MD) and Chief Executive Officer (CEO).
Marc brings over 25 years of global financial services experience to his new role. He previously served as the Head of Specialist Clients and Investment Trusts for Europe, the Middle East and Africa at BlackRock, where he led initiatives to enhance client engagement and expand BlackRock’s investment trust offerings across the region. Prior to that, he was Chief Operating Officer and Head of Business Strategy for iShares EMEA, overseeing strategic planning and operational execution for BlackRock’s exchange-traded fund business.
Marc will draw upon his extensive experience in wealth management, digital transformation and client engagement as JioBlackRock Investment Advisers aims to deliver innovative investment solutions to millions of investors in India.
Marc Pilgrem, Managing Director and CEO, Jio BlackRock Investment Advisers, said, “I’m excited and honoured to lead JioBlackRock Investment Advisers’ work to make high-quality investment advice more accessible and affordable through a digital-first approach. We’re building a service that reflects the needs of today’s investors in India– simple, transparent, and grounded in expertise.”
Jio BlackRock Investment Advisers also received regulatory approval from the SEBI and BSE to commence operations as an Investment Adviser in India.

