ADIA hires operations specialist in new role

ADIA towerThe Abu Dhabi Investment Authority (ADIA) has hired Garry Beaton for the newly created role of global head of operations. In his new job, Beaton will oversee trade support for internal and external funds, corporate actions, performance and development, securities lending and custody. He will report to Mohamed Darwish Al Khoori, executive director of the operations department. Beaton spent the last three years as global head of operations at UK-based asset manager Ashmore. He formerly worked for Golman Sachs Asset Management in London and Bangalore. ADIA, which is thought to be among the largest sovereign wealth funds in the world, has enlarged its headcount in recent years so as to manage more of its money in-house. In its report for 2015, the fund stated it had brought 5% of its assets in-house during the year, meaning it now manages 40% of its money itself. ©2016 funds global mena

Executive Interviews

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

EXECUTIVE INTERVIEW: A natural interest in the topic

Mar 08, 2017

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.


ROUNDTABLE: Charting the pace of reform

Nov 23, 2017

Saudi Arabian index inclusion, the onset of taxes and the Dana Gas controversy were among the issues discussed by our cross-industry panel. Chaired by George Mitton in Dubai.


Mar 08, 2017

The move to a three-day settlement cycle, the appearance of new stock exchanges, and recent rules on hedge funds were discussed by our panel in Cape Town. Chaired by George Mitton.