Abu Dhabi Investment Authority appoints new global head of operations



Abu Dhabi Investment Authority (Adia), one of the world’s largest sovereign wealth funds, said that it has hired Garry Bea­ton as global head of operations, a newly created role within the fund.

Mr Beaton joins Adia from Ashmore Group, where he was the global head of operations at the emerging market specialist investment firm and based in London.

Before that, Mr Beaton worked at Goldman Sachs in London and Bangalore for seven years. The appointment takes effect immediately, Adia said.

“Garry is a welcome addition to the department as we continuously refine and enhance our operational capabilities at Adia,” said Mohamed Darwish Al Khoori, executive director of Adia’s operations department.

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“He brings strong project management, analytical and organisational skills to the role and a track record of successfully delivering significant operational improvement initiatives.”

Mr Beaton, a British citizen, holds a degree in business studies from the University of Abertay in Dundee.

mkassem@thenational.ae

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Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.