ADIA names Suresh Sadasivan head of Asia internal equities, excluding Japan

Dubai: The Abu Dhabi Investment Authority, one of the world’s largest sovereign wealth funds, Wednesday said it named Suresh Sadasivan as head of Asia, excluding Japan, within its internal equities department. Sadasivan will help develop the strategy, oversee management and manage risk of the department’s investment portfolios for that region, according to an ADIA press release. He previously held the position of head of Asia Pacific equities within the fund’s legal and general investment management division. ADIA doesn’t disclose the value of its holdings, but is estimated to have around $627 billion (Dh2.3 trillion) of assets by the Sovereign Wealth Fund Institute.