Abu Dhabi, UAE - The Abu Dhabi Investment Authority (ADIA) said today that it has appointed Steven Dalzell as Head of Transition Management in its Central Dealing Department (CDD), effective immediately.
Based in Abu Dhabi, Mr. Dalzell will lead the centralised team with responsibility for managing and implementing multi-asset class portfolio transitions, including pre-trade analysis, project planning, implementation and reporting. His role will involve working closely with ADIA's Strategy Unit and its investment departments to develop and execute transition projects internally that will support ADIA in achieving its investment objectives. Mr. Dalzell will report to Salem Alblooshi, Executive Director of the Central Dealing Department.
Mr. Dalzell has worked in banking and investment management for over 21 years, the last 15 of which were in transition management. Most recently, he served as Global Head of Transition Management at Citigroup Global Markets Limited, where he led a team of investment professionals based in London, Sydney and New York.
He has extensive experience in managing transition projects covering all asset classes including equity, fixed income, foreign exchange, and derivative portfolios.
Commenting on the appointment, Salem Alblooshi said: "Steven's wealth of experience in planning, managing and executing the movement of assets across investment portfolios will further enhance the internal service currently provided to our investment teams. We look forward to working with him on further developing ADIA's capabilities in this important area."
Mr. Dalzell, a British citizen, holds a BA in Accounting and Finance from West of England University. He is a qualified accountant (ACMA/CGMA) and is an FCA approved person.
About
Since 1976, the Abu Dhabi Investment Authority (ADIA) has been prudently investing funds on behalf of the Government of Abu Dhabi, with a focus on long-term value creation.
ADIA manages a global investment portfolio that is diversified across more than two-dozen asset classes and sub-categories, including quoted equities, fixed income, real estate, private equity, alternatives and infrastructure. With a long tradition of prudent investing, ADIA's decisions are based solely on its economic objectives of delivering sustained, long-term financial returns.
For further details, please contact:
Erik Portanger
Head of Media Relations
ABU DHABI INVESTMENT AUTHORITY
Tel: +971 2 415 3306
Mob: +971 50 443 1270
Email: erik.portanger@adia.ae
© Press Release 2016
