ADIA has robust governance standards with clearly defined roles and responsibilities that ensure accountability.
Management of ADIA is vested in ADIA’s Board of Directors, which comprises a Chairman, a Managing Director and Board members who are appointed by a decree of the Ruler of the Emirate of Abu Dhabi.
The Board has primary responsibility for the discharge of ADIA’s activities and meets periodically for the establishment and review of ADIA’s overall strategy but does not involve itself in investment or operational decisions.
ADIA’s Managing Director has sole responsibility for the implementation of ADIA’s strategy and administering its affairs, including all decisions related to investments. Investment decisions are based solely on economic objectives in order to deliver sustained long-term financial returns.
The Managing Director, or those to whom he delegates, act as ADIA’s legal representative in dealings with third parties.