The UAE's Supreme Council for Financial and Economic Affairs has issued a resolution to reconstitute the Board of Directors of Abu Dhabi Investment Authority (ADIA), with Sheikh Tahnoun bin Zayed Al Nahyan as the chairman, the emirate's media office reported. 
ADIA, which handles assets worth $790 billion, is the UAE's biggest sovereign wealth fund. 

Sheikh Tahnoun is UAE's national security adviser and the chairman of First Abu Dhabi Bank (FAB), the country’s largest bank. He is also the chairman of the wealth fund, ADQ. 

The other board members of ADIA are Sheikh Mansour bin Zayed Al Nahyan; Sheikh Hamed bin Zayed Al Nayan, who will sit as Managing Director; Sheikh Khaled bin Mohamed bin Zayed Al Nahyan; Khalil Mohammed Sharif Foulathi; Jassem Mohamed Bu Ataba Al Zaabi; and Hamad Mohammed Al Hurr Al Suwaidi.

ADIA has a highly diversified portfolio that comprises more than two dozen asset classes and sub categories, from equities and fixed income to hedge funds, real estate, private equity and infrastructure.

(Writing by Seban Scaria; editing by Brinda Darasha)