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Abu Dhabi Investment Authority Promotes President’s Son, FT Says

Sheikh Mohammed bin Khalifa Al Nehayan, son of the President of the United Arab Emirates, is to head a new indexed fund department at the Abu Dhabi Investment Authority sovereign wealth fund, the Financial Times reported. Sheikh Mohammed, an Adia board member and member of the emirate’s executive council, was formerly director of the European external equity fund division, according to the FT.

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