Abu Dhabi Investment Authority is an investment management agency investing funds on behalf of the Government of Abu Dhabi. Established in 2007, the EIA has actively sought unique investment opportunities locally, regionally and internationally, focusing on investing in asset classes that will help strengthen and diversify the UAE economy. The Board monitors the performance of the Bank's businesses and guides and supervises the Bank's management. He is also a board member of the Economic Zones World and Dubai Real Estate Corporation. Mr. Al Mahmood has held senior roles at a number of companies including the Abu Dhabi Investment Authority (ADIA), and was also Chief Executive Officer, Managing Director and a board member of the development and investment company Al Qudra Holdings. Mr. Mishal Kanoo is one of the most iconic business figures in the Middle East and has a reputation as a futurist and strategist with a strong track record in forecasting economic developments in the region. These investment departments, which invest across multiple geographies, have discretion over the origination and recommendation of investment proposals. It is the responsibility of Banks Board of Directors to: Control activities are closely monitored across the Bank by the Banks internal audit function, working independently of management. The Bank's policy is to, so far as possible, engage in transactions with related parties (including Directors) only on arm's-length terms. Al Gergawi also holds the position of Deputy Chairman of the UAEs Ministerial Development Council, as well as Emirates Investment Authority, the UAE Federal Governments sovereign wealth fund. 1107 (D.D.C. The Managing Director chairs the Investment Committee, which includes among its members the Executive Directors of all investment departments. Compliance with anti-money laundering procedures and internal training in such procedures is also developed and administered by the Group Compliance department. In addition to this, he is currently a board member in Abu Dhabi Housing Authority and a member of Investment Committee in Sandooq Al Watan. Abu Dhabi Fund for Development 30 6 European Investment Bank 70 14 Japan International Cooperation Agency 184 36 Government and/or Nepal Electricity Authority 71 14 Total 505 100 Source: Asian Development Bank estimates. Their most recent diversity investment was on May 6, 2021, when Charter Next Generation raised Abu Dhabi Investment Authority has had 22 exits. Contact Email dg_dgm@yahoo.in. Win whats next. He has led several strategic transformation projects, developing high performance businesses to achieve sustainable growth. Emirates Investment Authority (EIA) is the only Sovereign Wealth Fund of the Federal Government of the United Arab Emirates. In keeping with the Bank's principles of transparency, Directors may use the iPad application to view and access all documents presented to the Bank's management committees, as well as minutes of meetings of those committees. Lecturer & Head of Legal Affairs, High Commercial Institute, Kuwait, Published books on law that are adopted as text books in UAE and Kuwait University respectfully, Legal Advisor and Head of Legal Office; Ministry of Economy & Commerce, UAE, Legal Advisor of the Executive Council of the Emirate of AUH, Owner of Ghanayem Legal & Management Consultancy EST, Treasurer & Account Officer in Charge of Citibanks Financial Institutions in Dakar, Vice President Citibank Private Bank, Geneva, Managing Director Sahara Financial Management Services, Regional Director of Ecobank for Middle East, North Africa & India, Vice Chairman at Signature Africa Ventures. Using prudent investment strategies in accordance with global best practice, the EIA . in International Studies from the John Hopkins University. Chief Financial Officer, Private Equities Department, Youre viewing 5 of 29 commitments. For over 50 years, the Group has played . Board Of Directors; CEO's Message; Staff. Air Arabia Abu Dhabi is Etihad Airways' first major investment, a change from its long-held relationship strategy of airline equity partnerships.
BOD | Al Ramz - Al Ramz Corporation PJSC - WE LIVE BY OUR WORD H.E is the Chairman of Emirates Water & Electricity Company and the Vice Chairman of Abu Dhabi Power Corporation and a member of the Board of Directors for Emirates Global Aluminum, Aramex Logistics Company, Minas de Aguas Teidas Copper Mine, Sociedad Minera de . His Excellency Mohammad Al Gergawi is the United Arab Emirates Minister of Cabinet Affairs and The Future and serves as Chairman of Dubai Government. Sheikh Mansour Bin Zayed Al Nahyan heads the Board of Directors which is responsible for overseeing the affairs of the Emirates Investment Authority. The EIA was established in 2007 through Federal Decree Law No. There is a clear division of responsibilities between the respective roles and responsibilities of the Chairman and the GCEO. ADGM has also tapped on the inherent strengths of the Abu Dhabi economy to establish an international financial centre which will stand alongside the world's leading centres, such as Hong Kong, Singapore, London and New York, operating in partnership with them. Overview We are the Abu Dhabi Investment Office - ADIO.
Staff - EIA Reporting to H.H., the Managing Director, his current responsibilities as Advisor Managing Director Office include portfolio management, asset allocation, strategic decisions and broad financial analysis.
About the Abu Dhabi Investment Office Andrew Kripke Director, Portfolio Manager - US Team.
Mahmood Ebraheem Al Mahmood | Mubadala - Mubadala Investment Company The Bank is committed to sound corporate governance practices. The Board has adopted a rolling agenda to ensure that each of its responsibilities is satisfied on a periodic basis, and considers other agenda items on an 'as required' basis. Investments ADIA manages a diversified global investment portfolio across more than two dozen asset classes and sub-categories. To read relevant policy please see below: The Board Secretariat delivers Board papers to the Board by means of a secure iPad application.
We also significantly expanded the international scope and reach of our investment portfolio and further developed our internal guidelines, operations, institutional functions and architecture. Mohammed Habroush Al Suwaidi H.E. [10] Copyright 2023 ADCB. He has received various awards including the United Nations flagship award Champion of the Earth in 2012, given to outstanding visionaries and leaders in the fields of policy, science and entrepreneurship. ABU DHABI INVESTMENTS GROUP OUR WORK TODAY SHAPES ABU DHABI'S TOMORROWS. Some of the most recent investments Fatima has led include the following: acquisition of KMAC, the second largest Taco Bell franchisee in North America; Mubadalas $2.5billion partnership with Silverlake including both an investment in the Silverlake General Partner and an anchor commitment to a new Long-Term Capital Fund. Prior to taking on the leadership position at ADNOC, Dr. Al Jaber was the Chief Executive Officer of the Energy platform at Mubadala, the Abu Dhabi governments strategic investment arm. The solid performance of our initial portfolio as well as the rapid development of our investment platform and capability meant we were quickly entrusted by the Federal Government with further assets to manage and invest on behalf of the nation. [9], 20 year and 30 year annualized rates of return for the ADIA portfolio were 7.6% and 8.1%, respectively, as of 31 December 2010. [14][15], On 27 May 2013, ADIA published its 2012 Review, with an overview of its activities during the past year as well as an explanation of its approach to investing strategy, governance and risk management.[16]. The Board of Directors and the management team regularly discuss and refine the Bank's strategy and objectives. Feedback. PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi
All internal control systems, no matter how well designed, have inherent limitations and they may not prevent or detect misstatements. H.E. Mubadala Infrastructure Partners Limited, Chairman (2008), UAE, Cleveland Clinic Abu Dhabi LLC, Non-Executive Director (2010), UAE, GlobalFoundries Inc, Non-Executive Director (2012), USA, Mubadala Capital, Non-Executive Director, (2021), UAE, Borealis AG, Non-Executive Director (2020), Austria, Nova Chemicals Corporation, Non-Executive Director (2021), Canada, Aabar Investments PJSC, Non-Executive Director (2017), UAE, Abu Dhabi Retirement Pension & Benefits Fund (Operating Company), Non-Executive Director (2019), UAE, CEPSA - Compaa Espaola de Petrleos S.A., Non-Executive Director, Non-Executive Director (2019), Spain, OMV AG, Non-Executive Director (2021), Austria, International Petroleum Investment Company, Non-Executive Director, UAE, Yas Holding LLC, Non-Executive Director (2021), UAE. He has also been Chairman of Emirates Financial Services. In 2013 and 2014 we were entrusted with the custody of three additional strategic assets Emirates Post, Emirates Transport and Al Masraf bank. Kaltham is a graduate of the American University in Dubai, specializing in Business Administration. Purpose Powering a thriving future by efficiently providing sustainable and reliable energy and water to unleash the unlimited potential of people and places. As Chairman of the Board, H.H. He is a member of the High-Level Panel on Digital Cooperation, a panel of independent experts advising the United Nations Secretary-General on technological developments and technology related issues. This is a profile preview from the PitchBook Platform. H.E Mohammed Al Shuwaidi holds a B.Sc. In 2006, while at Mubadala, at the direction of the UAE leadership, he helped establish Masdar, Abu Dhabis pioneering renewable energy initiative, and served seven years as its CEO, guiding its global contribution to clean technology and sustainable development. It periodically reviews and monitors compliance with the Group's overall risk appetite and makes recommendations thereon to the Board. Chairman of the Board of Directors of the Abu Dhabi Urban Development Co. LLC. Abu Dhabi Investment Authority - ADIA: A government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates. [12] ADIA also invests in development projects including malls.
The Bank provides Directors with opportunities to update and develop their skills and knowledge through external seminars, regular presentations from senior management, and relevant reading materials. Telephone: +97124190000 PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi United Arab Emirates .
Media & Resources - EIA 4 of 2007 and amended by Federal Decree Law No. Previously, Dr Bin Hendi was the Director General of the Abu Dhabi Investment Office (ADIO) since October 2019. MSc Business Administration (INSEAD)
The Abu Dhabi Investment Council was splintered off from the Abu Dhabi Investment Authority (ADIA) . Combining extensive experience in both the public and private sector, he was responsible for overseeing, developing and enhancing strategic geopolitical, social and economic partnerships with several nations. Site Advisory: Fraud Warning; . Thoma Bravo Fund XV, L.P. managed by Thoma Bravo, L.P. and Abu Dhabi Investment Authority entered into an Agreement and Plan of Merger to acquire Coupa Software Incorporated from a group of. 17 May, 2021. He has completed a General Management Program from Harvard Business Schools and holds Bachelor in Business Administration with Honours. In line with the above, the Bank has determined that, (a) Board members employed by Abu Dhabi Investment Council, the Government of Abu Dhabi's Department of Finance or Abu Dhabi Investment Authority should be classified as independent directors, (b) the Bank's Board contains a majority of independent directors, and (c) each of the Bank's Board committees contains a majority of independent directors. In July 2020, Dr Al Jaber was appointed Chairman of Emirates Development Bank, a key partner in providing financial services for the sustainable economic and social development of the UAE. Details of all transactions in which a Director and/or other related parties might have potential interests are provided to the Board for its review and approval. The excitement of helping others achieve their goals, both big or small, is what drives him. Where necessary, the Committee will also consider whether the candidate meets the Bank's criteria for independence.
The Abu Dhabi Investment Authority (ADIA) is a major purchaser of U.S. institutional real estate through various sub-entities.
Our Objectives - EIA The Committee has agreed a list of skill requirements necessary for the proper functioning of the Board as a whole. Hareb Al Darmaki Joined the Abu Dhabi Investment Authority in June 1976 as Director, Bond & Equity Department. Al Marri held important positions in the government as a senior, top-ranking official. Al Gergawi is also the Co-chairman of the Global Future Councils, a forward-looking think tank in cooperation with the World Economic Forum. Our support department structure has developed over many years to ensure that the business continues to operate efficiently at all levels in pursuit of ADIAs investment goals. All three functions cover all banking activities in general and key risk areas in particular.
Citigroup to sell equity to Abu Dhabi investors - chron.com Feedback. Khalid Deemas Alsuwaidi was appointed by Abu Dhabi Investment Council (ADIC) to join the ADCB Board of Directors in March 2009. He serves on the board of Emirates Global Aluminum-the fifth largest aluminum company in the world. We first developed an effective corporate governance framework with a strong board of directors and an active Executive Committee which reflected the unique nature of our mandate. Establishment of Investment Process and Portfolio Management. In addition to his roles at ADIA and Gulf Capital, Mr. Al Darmaki holds multiple board roles, including Chairperson of Neue Privat Bank (Middle East), Board and Committee Member at Emirates Investment Authority. H.E.
Board Of Directors - EIA Al Hussaini has widespread professional experience across the banking, finance, real estate and investment sectors. Eissa Al Suwaidi holds the post of Chief Executive Officer at Abu Dhabi Investment Council, United Arab Emirates. Playing a role in bettering peoples lives is a great instigator for doing what he does. Board of Directors | Abu Dhabi Investment Council Menu Mobile menu toggle About us History Organization Chart Governance Committees Business Functions Chief Executive Officer Active Investment Strategies Equities and Fixed Income Global Special Situations Infrastructure Private Equity Real Estate Support Functions Careers Culture Opportunities Fatima Al Noaimi joined Mubadala in 2011 and is currently a Senior Principal on the Mubadala Capital Private Equity team. In addition, the risk management and compliance functions monitor control activities on an ongoing basis. PitchBook provides insight into a limited partners preferred investments, including actual and target allocations by strategy, secondary market preferences and interest in first-time funds. Assistant to the Deputy Director, Colo Dept. H.E. 13 of 2009. . In 2019, Dr. Al Jaber received a lifetime achievement award from his Excellency the prime minister of India, Narendra Modi, for his contributions to energy security, building bridges to emerging Asian economies and for reshaping traditional energy business models. BSc Finance (Suffolk University, USA). ABU DHABI, Under the patronage of H.H. Sheikh Mansour Bin Zayed Al Nahyan Chairman H.H. Sheikh Hamed bin Zayed Al Nahyan: ADIA 2013 Overview - WAM", "Abu Dhabi Investment Authority Director Jauan Al Dhaheri Dies", "Sheikh Khalifa honours Emiratis for their service to the UAE - The National", "ADIA at 40: UAE Central Bank Chairman says fund has preserved and grown Abu Dhabi's capital", "First American Corp. V. Al-Nahyan, 948 F. Supp. However, ADIA's ratio of third-party fund managers is being actively managed. In order to deliver against these objectives, management regurlarly develops and renews detailed strategic plans that operate across the Bank's businesses. Each asset class has its own fund managers and in-house analysts covering it. The Board of Directors are responsible for determining the Bank's strategic direction. Board Member of Cleveland Clinic Abu Dhabi. H.E. Our investment portfolio approach was broken down into two distinct and focused investment groups: Strategic Assets and Asset Management groups: Strategic Assets and Asset Management. Its primary directive is to manage the sovereign wealth of the UAE by investing in a diversified portfolio of assets in key economic sectors and industries with the aim of delivering sustained financial gains for the UAE. Delegation of authority - monitoring matters delegated to Board Committees, Management Committees and management. H.E. One-third of the Board will seek re-election on an annual basis. Director at Global Finance & Capital Ltd. Board Member of United Capital (ex UBA Capital). The Abu Dhabi Investment Council is an investment arm of the Government of Abu Dhabi. H.H.
H.E. Where a Director is interested, the interested Director neither participates in the discussions nor votes on such matters. However, all loans are made on arms' length terms. H.E. Skilled in Real Estate & Private Equity Risk Due Dilligence. The firm carries out its investment program independently and without reference from the Government of Abu Dhabi. The roles of the Chairman and the GCEO are separate and each is held by a suitably experienced individual.
AAAID on LinkedIn: #adife #adnec #uae #agriculture #investment #food BSc Civil Engineering (Northeastern University, USA). The Bank is subject to five main sources of regulation and supervision: Directors' remuneration is set annually by the Board following delegation from the Bank's shareholders. He is currently part of the senior management team in the Crown Prince Court, serving as the executive director of the financial affairs, overseeing the entire financial activities and strategic initiatives. The ministry will also enable better integration between industrial sectors, while embedding advanced technology at the center of the nations industrial base. Dr. Al Jaber has previously served on the United Nations Secretary Generals High Level Group on Sustainable Energy for All. Telephone: +97124190000 PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi United Arab Emirates . G42 is oriented to development of AI industries in the government sector, healthcare, finance, oil and gas, aviation and hospitality. General Information Description Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund based in Abu Dhabi, United Arab Emirates. Khaled H. Alkhoori was elected by ADCB shareholders to join ADCBs Board of Directors in April 2012. Board of directors. In addition, he serves as a member of the Board Directors in Emirates Investment Authority. Abu Dhabi Investment Group (ADIG) is the investment arm of Bin Aweidha Holding and based in Abu Dhabi. His dedication to advancing the United Arab Emirates has been demonstrated through numerous director and chairman roles in major financial institutions and government bodies: Chairperson of the Board of UAE Central Bank, Chairperson of the National Bank of Abu Dhabi, Member of the Supreme Petroleum Council, Board Member of ADIA, Chairman of Abu Dhabi National Insurance Company, Member of Allianz International Advisory Board and Chairperson of the Arab Banking Corporation. Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 0000 Fax +971 2 415 1000 All rights reserved. Dr. Al Jaber also holds several leadership roles and advisory positions and counsels on issues related to Energy, Economics, Strategic Communications & Sustainable Development.
Who We Are - TAQA Executive Director of the Institute of Multi-Cultural Studies, University of Denver, Colo, USA. The Board Secretariat actively engages with the Chairman, Committee Chairman and management to ensure that agendas are appropriate and meetings are effective. ADIA is required to invest these funds in such a way to generate sustainable long-term returns, and to return funds to the Government of Abu Dhabi, as needed. [13], Many of ADIA's investments have decreased substantially since investments were made at market peaks in 2007 and 2008. An external auditor is appointed annually by shareholders on the recommendation of the Board of Directors.