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ADIA mourns the death of Sheikh Ahmed bin Zayed Al Nahyan

posted on 01/04/2010: 3360 views



ADIA mourns the death of Sheikh Ahmed bin Zayed Al Nahyan, our Managing Director.

Sheikh Ahmed bin Zayed Al Nahyan joined ADIA in 1994 as a European Equities analyst, where he gained broad exposure to the investment process and asset allocation in general, ADIA said in a statement it issued yesterday.

In November of 1997, he was appointed to ADIA's Board of Directors and to the role of Managing Director. He also was Chairman of the Sheikh Zayed Charity and Humanitarian Foundation, and served as a member of the Supreme Petroleum Council.

During his time as Managing Director, he led ADIA's continued evolution into a globally recognised investing institution with more than 1,200 employees and a highly-diversified portfolio spanning multiple geographies and asset classes.

Sheikh Ahmed displayed true leadership in steering one of the world's largest institutional investors and enabling ADIA to constantly adapt to a changing world. His day-to-day efforts were characterised by a continuous commitment to developing our people, an unwavering dedication to investment discipline, and a passionate belief in our enduring culture.

As a leader, Sheikh Ahmed believed in collective wisdom and regularly consulted with senior colleagues across the organisation. Above all, he sought to instil enduring values that developed and defined ADIA's culture. As a result, he leaves ADIA in a strong position to successfully respond to the opportunities and challenges that lie ahead.

Under the wise leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the President of the UAE, Ruler of Abu Dhabi and Chairman of the Board of Directors of the Abu Dhabi Investment Authority, and with the committed support of the entire board, ADIA will continue to fulfil its mission for the benefit of the Emirate of Abu Dhabi. – Emirates News Agency, WAM

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