Abu Dhabi Investment House sets up European subsidiary in Geneva

The new presence in Geneva comes in line with ADIH strategy to have international presence and tap into potential markets, using international experts within the field.

ADIH Geneva SA will cater to the financial needs of high net-worth individuals who will be able to enjoy a one-stop-shop while banking and doing business in Geneva. The new set-up will offer services in asset management, family office services, portfolio consolidation / cost and return control, as well as, advisory services for real estate and legal transactions. Additionally, ADIH Geneva will provide VIP services in real estate, insurance, legal matters, taxes, in addition to many other services as required.

Prior to heading ADIH Geneva, Mr. Wagner was working in various well known financial institutions in private banking and asset management. Mr. Wagner, a certified EFFAS Financial Analyst, holds a Federal Diploma as a Financial Analyst and Portfolio Manager.

Mr. Rashad Janahi, CEO - ADIH said,

"ADIH Geneva will add value to clients who wish to do business in Switzerland and seek a trustworthy and familiar name to deal with. Equipped with a team of finance experts from the region, clients will feel comfortable in dealing with this one-stop-shop set-up, which is aimed at catering to all their needs and requirements."

ADIH Geneva will commence operations during September 2007, where it will target high net-worth individuals from the Middle East, as well as, those who reside within Europe.