Sheikh Hamed replaces brother as Adia managing director

sheikh-hamed-adia

Sheikh Hamed bin Zayed al-Nahyan, a senior member of Abu Dhabi's ruling family, was on Wednesday named the new managing director of the Abu Dhabi Investment Authority(Adia), one of the world's largest sovereign wealth funds.

Sheikh Hamed, a 39-year old member of the oil-rich emirate's ruling family, replaces Sheikh Ahmed bin Zayed al-Nahyan, who died at the end of March after his glider crashed into a lake in Morocco. He is the half brother of Sheikh Khalifa bin Zayed al-Nahyan, the President of

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