Abu Dhabi’s Tourism Development & Investment Company (TDIC), builder of local branches of the Louvre and Guggenheim museums, has named a senior official from the emirate’s sovereign wealth fund as chief executive, a spokesman confirmed on Wednesday.

Sufian Hasan Al Marzooqi took charge as CEO of the company in mid-September, after 24 years at the Abu Dhabi Investment Authority (ADIA), where he held positions in accounting, investment, human resources and strategy, according to tradearabia news report.

Marzooqi replaces Ali Al Hammadi, who left the position earlier this month after being appointed to the position in July 2014. He remains an advisor to TDIC chairman Ali Majed Al Mansoori, the spokesman added.

TDIC is a state-owned investment fund which is charged with developing cultural and tourism attractions in the oil-rich emirate.

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