The Canadian ambassador to the UAE, His Excellency Kris Panday, has welcomed the launch of the Canada-UAE Sovereign Wealth Fund Council (SWFC). 

“The mission of the SWFC is to harness the synergies between Canada and the UAE’s preeminent institutional investors to deliver superior risk-adjusted returns in support of common interests,” said Ambassador Panday.

The SWFC will help identify opportunities for strategic capital collaboration and thought leadership between Canadian public pension funds and UAE sovereign wealth funds in global markets. It is designed to offer an investment collaboration framework with a dynamic and flexible structure, benefitting Canada and the UAE as two key investment partners. 

Ambassador Panday and His Excellency Fahad Saeed Al Raqbani, the UAE ambassador to Canada, will serve as chief co-patrons of the SWFC. 

Shezad Rokerya has been appointed as senior advisor to Ambassador Panday and will serve as chairman of the SWFC.

Read more: 

https://www.wam.ae/en/details/1395303144288#:~:text=20:45%20PM-,Canadian%20Ambassador%20to%20UAE%20welcomes%20launch%20of,UAE%20Sovereign%20Wealth%20Fund%20Council&text=ABU%20DHABI,%201st%20April,%202023,Wealth%20Fund%20Council%20(SWFC)