Being in the UAE market for almost five years, Sanders held executive positions as Senior Fund Manager at the National Bank of Abu Dhabi and as a Senior Analyst at Abu Dhabi Investment Authority (ADIA).
Prior to moving to the UAE, Sanders occupied the position of an asset allocator and fund manager at Procter & Gamble's Global Pension business.
"Sanders brings a formidable track record in our competitive industry and a sharp vision into the business. One of the keys to our success is harnessing our resources to create new multi-platform investment opportunities for an increasingly diverse and sophisticated clientele," said Nazem Fawwaz Al Kudsi, Chief Executive Officer of ADIC.
Sanders is a CFA charter holder, and awarded an MBA in Finance from Brigham Young University. Graduated from Summa Cum Laude with a BA from BYU, Sanders is also a fluent Japanese speaker and recently co-authored a book in Japanese on UAE investing.
"The rapid and sustained expansion of ADIC's Asset Management has necessitated a strengthening of the management team overseeing the overall process. With Sanders' background and extensive experience, we are confident he will make a major contribution to our success in delivering compelling hands-on expertise to our plans across the MENA region," said Mohammed Salih Al Hashemi, Executive Director of ADIC Asset Management.
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ADIC Asset Management announces key senior appointment
- United Arab Emirates: Sunday, September 07 - 2008 at 12:31
David Sanders recently joined ADIC Asset Management as Chief Investment Officer, carrying a wealth of global experiences spanning over USA, Japan, and the UAE.
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About ADIC (Abu Dhabi Investment Company)Abu Dhabi Investment Company (ADIC), the first investment company in the United Arab Emirates, is one of the leading financial services firms in the region. Established by Emiri Decree on February 24, 1977, and owned by Abu Dhabi Investment Council, ADIC has delivered excellence in treasury and credit services, loan syndication, equity and debt underwriting, financial advisory, asset management and brokerage across a range of asset classes. As a result, the company has earned a reputation for professionalism, integrity, innovation, and market knowledge.
Pursuing a focused approach, ADIC today leverages its investment expertise across four strategic areas: Asset Management, Private Equity, Real Estate, and Infrastructure. In this way, the organization is able to offer targeted products and services to meet specific client requirements in markets across the globe, all while delivering superior risk-adjusted returns. With extensive knowledge of the Middle East and North Africa investment environment, unrivalled access to primary information on regional companies, both large and small, an understanding of the micro and macro economic environment and record of accomplishment across asset classes, ADIC is an ideal investment partner for institutions and high net worth individuals based in the region and beyond.
For further information, please contact:
Sweety Darwish
ADIC Corporate Communications
Tel. +971 2 6296451
Fax +971 2 6655835
Eman HassanSunday, September 07 - 2008 at 12:31 UAE local time (GMT+4)
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