Abu Dhabi Investment Authority appoints Hisashi Kuroda Head of Japan, Internal Equities Department

The Abu Dhabi Investment Authority (ADIA) said yesterday that it has appointed Hisashi Kuroda as Head of Japan, Internal Equities Department, effective immediately.

Mr Kuroda will be responsible for developing strategy, managing risk and overseeing management of the Japan-focused investment portfolio in ADIA's Internal Equities Department. Based in Abu Dhabi, Mr Kuroda will report to Greg Eckersley, Global Head of Internal Equities.

With over 20 years of experience in equity research and portfolio management, and a strong and consistent track record of outperformance, Mr Kuroda joins ADIA from Meiji Yasuda Asset Management, a leading Japanese investment management and trust services advisory, where he spearheaded the company's Japanese Equity Team since 2010 in his capacity as General Manager.

Earlier in his career, Mr Kuroda spent eight years with Blackrock Japan (formerly Merrill Lynch Investment Managers Co.) in the Japanese Equity Large Cap Team, starting as an Investment Analyst, followed by Portfolio Manager (Equity), and ultimately Director.

Commenting on the appointment, Mohamed Alqamzi, Executive Director, Internal Equities Department at ADIA, said: "It gives us great pleasure to welcome Hisashi to lead our Japanese Desk. His deep knowledge and exceptional track record in managing Japanese equities will further enhance our internal capabilities in one of the world's most important and dynamic equity markets."

Mr Kuroda holds a B.A. in Economics from Keio University in Japan and an MBA from the Wharton School at the University of Pennsylvania in the USA. He is also a Chartered Member of the Securities Analysts Association of Japan.