Previously, she was Vice-Chairperson of Aldar Properties and Invest AD. 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. Directors access to independent professional advice policy (PDF), Procedures for selection and appointment of the Banks Directors, Procedures for selection and appointment of the Banks Directors Flowchart (PDF), Board performance evaluation policy (PDF), Directors' conflicts of interest policy (PDF), Abu Dhabi Executive Affairs Authority, Chairman (2006), UAE, Emirates Nuclear Energy Corporation, Chairman (2009), UAE, Emirates Global Aluminium PJSC, Chairman (2014), UAE, City Football Group Limited, Chairman (2008), UK, Abu Dhabi Executive Council, Member (2006), UAE, UAE Supreme Council for Financial & Economic Affairs, Member (2020), UAE, Abu Dhabi National Oil Company, Member (2021), UAE, AlNowais Investments LLC, Chairman (2016), UAE, Rotana Hotels and Real Estate Investment, Member (2006), UAE, Abu Dhabi National Hotels PJSC, Non-Executive Director (2009), UAE, Abu Dhabi National Takaful Company PSC, Vice-Chairman (2008), UAE, Manazel Group, Non-Executive Director (2009), UAE. Overall between 70% and 80% of the organization's assets are managed outside, and over the last few years the fund has become more indexed which given its unique asset liability structure is somewhat perplexing. Though it talks of its long term success in generating returns, the fact that it has moved closer to the index and manages most of its funds through external third party fund managers shows that its tolerance for risk taking is greatly diminished over the years.
Abu Dhabi Investment Authority (ADIA) - Investopedia [8] Due to its size, the fund has been influential in international finance. 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. [7], ADIA manages a substantial amount of capital, and is one of the world's largest investment funds. The board members currently serve for a period of three years, and can be renewed. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Board of Directors of the Emirates Investment Authority (EIA), the. Feedback. Kaltham joined ADIA in 2006 as a Senior Analyst and developed extensive experience of Far East and Asia Pacific markets within external equities. Ensure that effective measures are in place to safeguard the Banks assets; Ensure proper accounting records and reliable financial information by procedures designed to avoid or reduce risks and ensure compliance with applicable laws and regulations; Ensure that an adequate and effective system of internal controls and procedures is established and maintained; and. Copyright 2023 ADCB. [11], Today ADIA invests in all the international markets equities, fixed income and treasury, infrastructure, real estate, private equity and alternatives (hedge funds and commodity trading advisers CTAs). The BRC also guides management on risk appetite across sectors, geographies and customer types. Managing Director H.H. One-third of the Board will seek re-election on an annual basis. H.E. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. Furthermore, as a Management PHD holder, he progressed to be a leader in education, healthcare and finance. The Committee has agreed a list of skill requirements necessary for the proper functioning of the Board as a whole. He was also the focal point for a number of comprehensive strategic partnerships with a number of countries.
Aramis Partners | Board of Directors Delegation of authority - monitoring matters delegated to Board Committees, Management Committees and management. The Abu Dhabi Investment Council is an investment arm of the Government of Abu Dhabi. He was part of the high-profile team that was behind the launch of Area 2071, the nucleus of the future envisioned in the UAE Centennial Plan 2071. The Abu Dhabi Investment Authority (ADIA) is a major purchaser of U.S. institutional real estate through various sub-entities. . Andrew Kripke Director, Portfolio Manager - US Team. PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi
Khaldoon Khalifa Al Mubarak is the Managing Director & Group Chief Executive Officer of the Mubadala Investment Company PJSC, responsible for aligning Mubadala with Abu Dhabi's economic diversification efforts.
Thoma Bravo Fund XV, L.P. managed by Thoma Bravo, L.P. and Abu Dhabi 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. This Initiative creates a new framework for the development and promotion of world class, and global scale, renewable energy and resource sustainability industries in Abu Dhabi. Our initial core team demonstrated a mixture of international and local investment management skills as well as in-depth industry experience and expertise. They are appointed by Emiri decree. In 2006, between 70% and 80% of the organization's assets were managed outside with an aim to bring that down to between 60% and 70%. Amr Al Menhali was appointed by the ADCB shareholders to join the ADCB Board of Directors in 2022. She also served on the boards of National Bank of Abu Dhabi, Al Hilal Bank and National Takaful Co. Watania and was a Director in the Global Special Situations Department at the Abu Dhabi Investment Council. H.H. Board of directors. As a listed company, the Bank is subject to the rules and regulations enforced by the Emirates Securities and Commodities Authority and the markets upon which its shares and debt are listed, including the ADX, the London Stock Exchange, the Irish Stock Exchange, the Luxembourg Stock Exchange and the Swiss Stock Exchange.
Board of Directors - Gulf Capital She has over ten years of experience in funds and direct private equity investments. Advisor to the Nigerian Minister of Communications. Sheikh Mohammed bin Rashid Al Maktoum. 1996)", Sovereign Wealth Fund Institute Abu Dhabi Investment Authority, https://en.wikipedia.org/w/index.php?title=Abu_Dhabi_Investment_Authority&oldid=1141187949, Mohammed Habroush Al Suwaidi, Head of the Department of Finance (Abu Dhabi), Hamad Mohammed Al Hurr Al Suwaidi, Head of the Department of Finance (Abu Dhabi), Ghanim Faris Ghanim Ateish Al Mazrui, former financial advisor to Sheikh, This page was last edited on 23 February 2023, at 20:27. He was also responsible for all Treasury activities including Mubadalas bond issuances and project financing. Member of the Board of Directors of the Commercial International Bank, Deputy Director of the Excellent Financial Services company, Financial and strategic advisor Noor Bank, Member of the Board of Directors of the Commercial International Bank (CBI), Head of the Institutional Performance Measurement Department within the Strategic Planning Sector, Abu Dhabi Municipality. He has prioritized the adoption of breakthrough technologies including AI, Big Data and Blockchain to ensure ADNOC stays ahead of global energy demand and remains a key contributor Phone Number (971) 241-5000. The UAE Minister of Economy holds a Bachelors degree in Civil Engineering from the University of Sheffield in the UK. The Board monitors the performance of the Bank's businesses and guides and supervises the Bank's management. MSc Business Administration (INSEAD)
Board of Directors | Abu Dhabi Finance P.P.C ADIA conducts its investment activities without reference to the Government of Abu Dhabi and has no visibility on the spending requirements of the Government or the activities of other Abu Dhabi-owned investment entities. The new council was established to support Abu Dhabi's competitiveness and its economic and financial sustainability. ADIAs Managing Director has responsibility for implementing ADIAs strategy and its investment and operational activities. The fund manages a diversified global investment portfolio across more than two dozen asset classes and sub-categories, including quoted equities, fixed income, real estate, private equity, alternatives, and infrastructure. 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. Where Abu Dhabi Investment Council intends to appoint a new Director, it is required to consult with the Committee in advance of such appointment. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Board of Directors of the Emirates Investment Authority (EIA), the ABU DHABI, H.H. The current board dates back to the April 2010 reshuffle (Emiri decree n4/2010) and it was fully renewed April 2013. 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. The Group Chief Internal Auditor functionally reports to the Audit Committee and to the Group Chief Executive Officer on administrative and day-to-day matters. The ministry will also enable better integration between industrial sectors, while embedding advanced technology at the center of the nations industrial base. H.E. The following matters are reserved to the Bank's Board in accordance with best practices: The Board conducts a formal and rigorous evaluation of its performance annually, with a view to constructively identifying areas of success and achievement, as well as areas, which may require improvement. MSc International Securities Investment and Banking (University of Reading, UK)
EIA invests into a globally diversified investment portfolio. Get the full list, Morningstar Institutional Equity Research, Board Member & Analyst, Internal Equities Department, Deputy Chairman of the Board of Directors. Dr. Al Jaber was appointed to the UAE cabinet in 2013, where he served as a Minister of State of the United Arab Emirates until July 2020. The majority of the Directors are UAE nationals, as per the requirements of the Federal Commercial Companies Law and the Bank's articles of association.
Board Of Directors - Abu Dhabi Pension Fund Sheikh Mohammed bin Khalifa bin Zayed Al Nahyan H.E. We also significantly expanded the international scope and reach of our investment portfolio and further developed our internal guidelines, operations, institutional functions and architecture. The programme comprises a comprehensive Directors' induction pack, meetings with other Directors and senior management, as well as comprehensive guidance on the duties and responsibilities of Directors, the Bank's policies and procedures and relevant legal and regulatory requirements. 4 of 2007 and amended by Federal Decree Law No. 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. He has guided ADNOC through a number of strategic firsts, including entering the global capital markets for the first time, completing the first ever IPO of an ADNOC business (ADNOC Distribution) and attracting significant FDI from strategic and private equity investors to stimulate smart growth across ADNOCs upstream, midstream and downstream value chain. Investment Leadership Program (ILP) Working at EIA; Media & Resources; Contact Us. 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. The firm carries out its investment program independently and without reference from the Government of Abu Dhabi. ADIA's mission is to sustain the long-term prosperity of Abu Dhabi by prudently growing capital through a disciplined investment process and committed people who reflect ADIA's cultural values. Establishment of Investment Process and Portfolio Management. The Banks internal control system has been designed to provide reasonable assurance to the Banks Board of Directors and shareholders. Begins to serve as advisor to Cabinet on key assets and corporate governance. H.E. As a result of regular written declarations submitted by each of the Board Members, the Board maintains satisfactionthat the other commitments of the Directors do not conflict with their duties, or that, where conflicts may arise, the Board is sufficiently aware and appropriate policies are in place to minimise the risks. 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. She became an Investment Manager in 2012. In the event that a vacancy arises, Directors are permitted to elect any individual nominated to fill the vacancy, but any director so appointed must seek election by the shareholders at the next annual general meeting. Our Objectives. These investment departments, which invest across multiple geographies, have discretion over the origination and recommendation of investment proposals.
Board Of Directors - EIA PitchBooks data visualizations help you see a limited partners commitmentsshowing a breakdown of activity by fund type and region, complete with performance metrics.
However, in 1976, Sheikh Zayed bin Sultan Al Nahyan, the founding president of the United Arab Emirates, converted it into the Abu Dhabi Investment Authority. The Council started its operations in April 2007 and is responsible for investing part of the government's surplus financial resources through a globally diversified investment strategy, targeting positive capital returns through an expansive portfolio of highly diversified asset classes and active . Overview We are the Abu Dhabi Investment Office - ADIO.
Sheikh Khalifa appoints new board of directors for Adnoc - The National An external auditor is appointed annually by shareholders on the recommendation of the Board of Directors. A seasoned banker with strong leadership skills across all facets of the business and with extensive expertise in strategy, finance, risk, investment, credit and corporate governance.
Investment Leadership Program (ILP) Working at EIA; Media & Resources; . United Arab Emirates, Emirates Investment Authority All Rights Reserved 2023. in Economics. In his role as Minister of Industry and Advanced Technology, Dr. Al Jaber oversees efforts to further expand the industrial development of the UAE, and in particular promote in country value, leveraging technology as a key enabler, as we enter the Fourth Industrial Age. [12] ADIA also invests in development projects including malls. The Board's Audit Committee ensures the implementation of regulations, policies and procedures through all Bank departments aimed at mitigating identified risks and safeguarding the interests of the Bank and its shareholders. 10 The terms and conditions of hard-term and those of regular-term loans in 2013. Khalid Deemas Alsuwaidi was appointed by Abu Dhabi Investment Council (ADIC) to join the ADCB Board of Directors in March 2009. The Board of Directors of the Emirates Investment Authority consists of a group of distinguished and accomplished individuals, led by His Highness Sheikh Mansour Bin Zayed Al Nahyan as its Chairman. Abu Dhabi Investment Authority has 3 board members and advisors, including Shubhrawpratap Dasgupta. [6] ADIA's global portfolio is broken down into sub-funds covering a specific asset class. Gains Strategic Assets: Al Masraf, Emirates Post and Emirates Transport. Each asset class has its own fund managers and in-house analysts covering it. The function is both administrative and strategic. He has also been Chairman of Emirates Financial Services. 4 of 2007 as amended by Federal Decree Law No. H.E. The Audit Committee also periodically meets separately with the Banks internal auditors and the external auditor in the absence of management. PO Box 3235, International Tower, ADNEC Capital Centre, Abu Dhabi
In addition, Dr. Al Jaber served as Chairman of the Abu Dhabi Ports Company from 2009-2019. As the central government hub supporting investment in Abu Dhabi, we are committed to growing the emirate's private sector and diversifying its economy.
Board of Directors - Cleveland Clinic Abu Dhabi ADIAs assets are not classified as international reserves. This includes both developed and emerging markets, EIA has investments in the Americas, Europe, Asia and the Middle East. Mr. Quarta also held various senior leadership positions with BTR plc and served on the board of directors. Any additional work proposed to be performed by the external auditor is reviewed by and approved by the Audit Committee on an item-by-item basis. Even today, investment in short-term paper remains the strategy for the vast majority of countries. Fatima graduated magna cum laude from the Higher Colleges of Technology with a B.S. Reporting to H.H., the Managing Director his current responsibilities at ADIA include.
Dr Sultan Al Jaber | Masdar Chairman and COP 28 President - Masdar.ae Al Mubarak held a number of positions at Tawazun Economic Council, formerly known as UAE Offsets Group, before assuming his current portfolio of responsibilities. All rights reserved. He holds a Bachelors Degree in Economics from Northeastern University of Boston, Massachusetts, U.S.A. Mr. Mohamed Hadi Al Hussaini is the Chariman of Emirates Integrated Telecommunications Co. PSJC, and currently he sits on the board of Emirates NBD, Em. Amr Al Menhali has a proven executive management track record with over 22 years of experience across a number of leadership positions in the financial sector such as the CEO of Al Hilal Bank (previously) and Waha capital.
Board of Directors | FAB - UAE - Bank (FAB Board of Directors | Abu Dhabi Investment Group Leadership Board Of Directors Sheikh Dr.Majid bin Saeed Al Nuaimi Chairman As nephew and son in law of Ajman ruler he played a major role in the development of UAE from a desert to an oasis.