Dong-Sinh Ngo joined the Abu Dhabi Investment Authority as chief representative, Asia-Pacific, based in the sovereign wealth fund's new Hong Kong office, said a spokesman.
The position is new.
ADIA Hong Kong is a platform for the fund to broaden and deepen its relationships and identify new opportunities in China and other key Asian markets. Professionals in the office will also assist in identifying new cooperation opportunities and growth in the region.
Mr. Ngo supports ADIA's senior investment professionals based in Abu Dhabi. He manages a team responsible for conducting a range of investment-related research and ongoing analysis of the Asia-Pacific market and economic trends.
The spokesman said there are two others in Mr. Ngo's team, both focused on research.
“ADIA has been investing and building relationships in Asia for more than three decades, with a portfolio that spans multiple asset classes,” said Hamed bin Zayed Al Nahyan, managing director of ADIA, in a news release. “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.”
ADIA does not disclose the value of its portfolio, but the Sovereign Wealth Fund Institute estimates it has $792 billion.
Mr. Ngo was head of products and investment solutions at Credit Agricole's private banking unit in Hong Kong.
