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Wed 31 Mar 2010 07:54 AM

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ADIA colleagues pay tribute to 'very humble' man

Abu Dhabi sovereign wealth fund staff praise changes made by Sheikh Ahmed bin Zayed.

ADIA colleagues pay tribute to 'very humble' man
HUMBLE MAN: Sheikh Ahmed bin Zayed Al Nahyan. (Photo: WAM)

Colleagues of Sheikh Ahmed bin Zayed Al Nahyan at the Abu Dhabi Investment Authority (ADIA) have praised the man as "very humble", adding that the changes he made while in charge while in charge were "essential".

In a statement published by news agency WAM, a number of people who worked closely with him said: "For us, Sheikh Ahmed was very humble and unpretentious, highly accurate and realistic in organising and planning."

The statement added: "He taught us that orderliness is above all personal considerations and nobody shall override it".

Colleagues said that "the changes which he made throughout his tenure at ADIA were essential and focused on human resources, therefore programmes for education and development of qualified people and encouraging national resources were full."

His sovereign wealth fund is believed to have assets of around $500 to $700 billion, ranging from Citigroup bonds to a stake in Britain's Gatwick airport to residential property in major cities.

Sheikh Ahmed, the son of the nation's founding father and the brother of the UAE president, was born in 1969 in Al Ain. He graduated from the United Arab Emirates University and then joined Abu Dhabi Investment Authority (ADIA) in 1994, later becoming managing director.

He was also appointed member of the Supreme Petroleum Council in 2005 as per a decree by the ruler of Abu Dhabi.

Among the first decisions he took as managing director was increasing the budget for training and establishing cooperation programmes with internationally renowned academic institutions such as Harvard University, WAM added.

His focus was on recruiting highly qualified and skillful people from around the world, it said.

It said Sheikh Ahmed was also heavily involved in humanitarian and social work and was appointed as the chairman of the Board of Trustees of the Zayed Foundation for Charity and Humanitarian Works in 1996.

He was well known for engaging in charity work and volunteering for several humanitarian organisations and charities in the UAE and overseas.

Sheikh Ahmed was father of a boy, born in 2008, named Zayed, after his father, the late Sheikh Zayed Bin Sultan Al Nahyan.

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maslam 10 years ago

Its a tragedy not for the family but for the entire nation, that too at a very young age. May Allah grant him Jannat-ul-Firdaus, and extend strength to his family to bear this irraparable loss.

josefina 10 years ago

Condolence to the bereaved family of Sheikh Ahmed bin Zayed Al Nahyan. He is just too young to die, a great leader, and a great loss to the nation of Abu Dhabi. Leaving a good legacy, the people will not forget him.