BlackRock CEO Larry Fink gestures while sitting in front of a blue screen.
BlackRock CEO Larry Fink.
  • BlackRock named Aramco CEO Amin Nasser to its board Monday.
  • Nasser leads the world's largest oil producer, which is mainly owned by the Saudi Arabian state.
  • His appointment clashes with Larry Fink's backing of ESG, or "woke," investing.

BlackRock has drawn the ire of conservatives ever since the world's largest asset manager came out in favor of investing with environmental, social, and governance (ESG) factors in mind — a style dismissed by its right-wing critics as "woke."