ADIA names chief economist
Source: Xinhua |
September 7, 2010, Tuesday
|
Print Edition
Print Edition
ABU Dhabi Investment Authority, the world's largest sovereign wealth fund, named Ted Chu, a Chinese American, as its chief economist, the company said yesterday.
Chu will be based in Abu Dhabi, the capital of the United Arab Emirates, and is expected to be responsible for producing in-depth international and regional economic analyses and making recommendations based on the research, state news agency WAM reported.
As a member of ADIA's strategy unit, he will also assist in developing, monitoring and assessing investment strategies across asset classes based on current and projected economic trends.
Chu formerly served as chief economist and director of global economic and industry analysis for General Motors.
"His knowledge and deep insights into global macro-economic trends will contribute to ADIA's long-term asset allocation strategy, and ability to identify new asset class opportunities," Jean-Paul Villain, head of ADIA's strategy unit, said.
Chu will be based in Abu Dhabi, the capital of the United Arab Emirates, and is expected to be responsible for producing in-depth international and regional economic analyses and making recommendations based on the research, state news agency WAM reported.
As a member of ADIA's strategy unit, he will also assist in developing, monitoring and assessing investment strategies across asset classes based on current and projected economic trends.
Chu formerly served as chief economist and director of global economic and industry analysis for General Motors.
"His knowledge and deep insights into global macro-economic trends will contribute to ADIA's long-term asset allocation strategy, and ability to identify new asset class opportunities," Jean-Paul Villain, head of ADIA's strategy unit, said.
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