Human resources division mandated with charting out various activities to equip staff with up-to-date and intelligent strategies to boost bottom line

Holds four-day workshop in Bahrain on private equity business

Manama/Abu Dhabi, August 28, 2006: Abu Dhabi Investment House (ADIH) today announced that it has triggered a process of  continuous knowledge and skill upgrade of its staff along with deepening its strategic focus on localisation as part of  a well-thought out human resources plan.

Announcing the upgraded human resources strategy, senior officials of ADIH said that its employees in key departments have been sent to regional and international training courses that will nurture their skills and talents and in turn help them evolve as leaders in their disciplines.

Mr. Rashad Janahi, Chief Executive Officer of ADIH said:  "We believe employees are our strength, and in line with this we have now upgraded our human resources department so that it is equipped with measuring the skills of ADIH and undertake appropriate upgradation strategies from time to time along with the growth of the institution.  ADIH has grown at a fast rate in a little over a year since its establishment and one of the primary reasons for robust performance is a result of our HR strategy to increase the efficiency and productivity of our employees."

"We are also enhancing our focus on localization as part of our charter to contribute to the society in which we are operating. We have UAE nationals holding various key posts in ADIH and we are looking at recruiting more," he said.

Mr. Janahi said ADIH has always strived to provide an excellent work environment so that its staff has the motivation to contribute to the growth of the organization. "We have a special focus in our HR strategy on training and we do not consider it as an expense, but a mandatory activity which will help us increase our revenue as a qualified team is always an asset to an instuition," he said.

ADIH has conducted a four-day comprehensive workshop on `Private Equity Business and Management,' anchored by well-known global expert, Gordian Geata, who gave an end-to-end insight into the salient drivers of private equity business and how to derive optimum value and returns from investments.

Dr. Gordian Geata is a well-known figure in global private equity business circles and has been an advisor, consultant and partner to investment banks and corporate finance boutiques in the region for over 20 years.

Commenting on the workshop, Ms. Nahla. M Mohammed, HR Manager of ADIH said: "This is one instance of our endeavors in skill and knowledge upgradation. Private equity business in the region is poised to grow vigorously and ADIH is geared to reinforce its presence in the market further. It is in this context that the workshop is being held to prepare our investment team to fine tune their skills with the help of the expert advice and insights from Mr. Gaeta."

She said the financial institution is also keen to employ fresh graduates offering them a cutting-edge opportunity to learn and grow.  Some of the examples in this direction are summer internships and offering entry-level jobs to fresh graduates.

"We have a constant system of monitoring our employees and our HR department picks up courses, both regional and international, which are of relevance to ADIH. We believe sending our employees to these courses will add value to their management and investment skills," Ms. Nahla added.

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For further information contact:
Jayakrishnan B/Eyad Mohammed
Percept Profile Gulf(PR)
Dubai,
United Arab Emirates
P.O. Box No: 74245
Tel: 00971 4 3446373
Fax: 00971 4 3429158
Email: info@perceptprofilegulf.com

© Press Release 2006