​The Abu Dhabi Investment Authority (ADIA), one of the leading investment institutions in the world, has accumulated an 8 per cent stake in regional investment bank EFG Hermes. The deal gives ADIA a seat on EFG Hermes Holding’s Board of Directors, and further institutionalises the EFG Hermes shareholder base. Over the last twelve months EFG Hermes has seen impressive regional growth and continued positive financial performance. Driven by diversification of services into retail products and regional expansion across GCC markets including Saudi Arabia, EFG Hermes has remained unaffected by the volatility of regional markets and has moved into 2007 cementing its position as a premier regional investment bank. 'ADIA is a leading force and authority across the region. Their investment highlights the confidence the market has in EFG Hermes, and is invaluable to our plans to innovate and evolve' said Hassan Heikal, Co-chairman and CEO of EFG Hermes.