Global head of execution services at Goldman Sachs, Michael Steliaros, has left the investment bank to join the Abu Dhabi Investment Association (ADIA), The TRADE can reveal.
According to an update on social media, Steliaros has joined ADIA as global head of equity portfolio engineering and trading.
He joins the association after serving at Goldman Sachs for the last five years. Prior to joining the investment bank in 2017, he spent seven years at Bank of America Merrill Lynch as its global head of scientific implementation and head of agency portfolio trading.
Previously in his career, he served across Panta Capital, Winton Capital Management, FGS Capital and Barclays Global Investors in various research roles for six years collectively.
“I’m happy to share that I’m starting a new position as global head of equity portfolio engineering and trading at Abu Dhabi Investment Authority (ADIA),” said Steliaros in his update.
Goldman Sachs had not responded to a request for comment at the time of publishing.