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Mon 29 Aug 2016 12:29 PM

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Abu Dhabi fund ADIA appoints new global operations head

Garry Beaton joins the fund from Ashmore Group, where he held the same title

Abu Dhabi fund ADIA appoints new global operations head
Abu Dhabi Investment Authority headquarters.

Abu Dhabi Investment Authority (ADIA) has appointed Garry Beaton to the newly created role of global head of operations, the sovereign wealth fund said in a statement on Monday.

Beaton joins the fund, which has around $792 billion in assets according to industry tracker Sovereign Wealth Fund Institute, from Ashmore Group, where he held the same title.

According to the statement, Beaton will be responsible, together with other members of senior management, for guiding the strategy of the operations department and overseeing its support of internal and external funds, corporate actions, performance and development, securities lending and custody.

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