ABU DHABI, 27th October, 2016 (WAM) — The Abu Dhabi Investment Authority, ADIA, today announced the opening of an office in Hong Kong, marking its first on-the-ground presence in the territory. It also announced the appointment of Dong-Sinh Ngo as Chief Representative, Asia Pacific, based in Hong Kong.
ADIA Hong Kong will act as a platform for ADIA to broaden and deepen its network of relationships and identify new opportunities in China and other key Asian markets. In addition to bringing ADIA closer to its key local contacts and investments, the office will assist in identifying new avenues for cooperation and growth in one of the fastest developing regions in the world.
As Chief Representative, Asia Pacific, Mr. Ngo will support ADIA’s senior investment professionals based in Abu Dhabi. He will manage a team with responsibility for conducting a broad range of investment-related research and on-going analysis of Asia Pacific market and economic trends.
Commenting on the news, H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and Managing Director of ADIA, said, “ADIA has been investing and building relationships in Asia for more than three decades, with a portfolio that spans multiple asset classes. Our decision to open an office in Hong Kong is a symbol of our confidence in Asia’s continued growth and our long-term commitment to the region.”
A Swiss national, fluent in Cantonese, English, French and German, Mr. Ngo is a seasoned investment professional with a host of international financial experience. Prior to his appointment, he was Head of Products and Investment Solutions at Credit Agricole in Hong Kong where he took on a senior management function within the private bank.
Previously, he was Chief Strategist for Emerging Markets and APAC at BNP Paribas where he was the regional head of strategy, responsible for asset allocations in Asia and global emerging markets. He was also a member of BNP Paribas Asset Management investment committee and Chairman of the Regional Investment Committee.
ADIA Hong Kong will mark ADIA’s first on-the-ground presence in the territory. It will be responsible for conducting a broad range of investment-related research and on-going analysis of Asia Pacific market and economic trends.