Abu Dhabi Sovereign Fund Unit CEO Departs, CIO Said to Leave - Bloomberg Business:
"Nazem Al Kudsi, the chief executive officer of Abu Dhabi Investment Company, a unit of sovereign wealth fund Abu Dhabi Investment Council, has left after seven years at the firm, the company said.
Kudsi left to pursue new opportunities, according to Mohammed Al Hashemi, the executive director of asset management at the company also known as Invest AD. Khalifa Sultan Al Suwaidi, the director of direct investments at ADIC and a member of the Invest AD board, has been interim CEO since January, Hashemi said by e-mail on Monday.
Kudsi has joined Emirates International Investment Co., an Abu Dhabi-based private equity firm, according to two people familiar with the matter. EIIC didn’t respond to calls and an e-mailed request for comment. Kudsi didn’t return calls to his mobile phone."
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