As part of its intention to meet international standards of investment diligence, corporate governance and risk management, Abu Dhabi Investment Company’s (ADIC) has appointed Royston Armstrong as Head of Internal Audit, Stephen Swanson as Chief Legal Officer, and Stephen Bowey as Head of Communications.
Commenting on the appointments, ADIC CEO Nazem Fawwaz Al Kudsi said, “At ADIC we are committed to the highest standards of transparency and professionalism, with the goal of building our business internationally. The excellent multi-national experience we are bringing to our team will help us to achieve this.”
Royston Armstrong has more than 24 years of internal auditing experience, most recently as Head of Internal Audit and Risk Management at “Alliance Trust PLC”, a FTSE 100 company based in Edinburgh, UK. Prior to this, Armstrong was Vice President: Internal Control at “The Bank of New York” in the UK, following extensive experience in the financial services industry at, among others, “TSB Insurance”, “Abbey National” and “Alliance & Leicester”.
Stephen Swanson brings 15 years of legal experience in corporate finance and capital markets, most recently as Director and Senior Legal Counsel at “Citigroup Global Wealth Management” in New York. Before joining “Citigroup”, Stephen had extensive experience in leading global law firm “Clifford Chance”, and in top US firms “Jones Day”, and “Morgan, Lewis & Bockius” in New York.
Stephen Bowey has 28 years communications experience in the Netherlands, South Africa, and the UK. He joins ADIC from “College Hill”, a leading international financial PR consultancy, where he was Director and Partner. Previously Head of Communications at “Old Mutual” South Africa, he has extensive marketing and strategy experience in the financial services and publishing industries.
Abu Dhabi Investment Company (ADIC) is the first investment company in Abu Dhabi, and one of the leading firms in the Middle East and North Africa.