Abu Dhabi: The Abu Dhabi Investment Authority (Adia) said on Wednesday that it has appointed John Pandtle to the newly created position of head of the US in its internal equities department, effective immediately.

Based in Abu Dhabi, Pandtle will lead a team of portfolio managers and be responsible for developing strategy and overseeing the management of US focused investment portfolios within the internal equities department. He will report to Greg Eckersley, Global Head of Internal Equities, the company said.

With over 20 years of equity research and asset management experience, Pandtle joins Adia from Eagle Asset Management in St Petersburg, Florida, where he has worked since 2009 as a portfolio manager with responsibility for constructing and managing portfolios, and producing research, in the financials, materials, and utilities sectors.