Independent TrusteeMr. Madhav V. Rajan is Independent Trustee of iShares Russell 2000 Index Fund. Mr. Rajan has served as a Director of iShares, Inc. since 2011, Chair of the 15 Committee of iShares, Inc. since 2012, a Director of iShares MSCI Russia Capped ETF, Inc. since 2011, Chair of the 15 Committee of iShares MSCI Russia Capped ETF, Inc. since 2012, a Trustee of iShares U.S. ETF Trust since 2011 and Chair of the 15 Committee of iShares U.S. ETF Trust since 2012. Mr. Rajan is the Robert K. Jaedicke Professor of Accounting at the Stanford University Graduate School of Business. He has taught accounting for over 20 years to undergraduate, MBA and law students, as well as to senior executives. Mr. Rajan serves as the Senior Associate Dean for Academic Affairs and head of the MBA Program at the Stanford University Graduate School of Business. Mr. Rajan served as editor of The Accounting Review from 2002 to 2008 and is coauthor of Cost Accounting A Managerial Emphasis,
Age: 51 Executive Since 2011 MBARajan holds MS, MBA and Ph.D. degrees in accounting from Carnegie Mellon University.