#Spain #ADIA Lab #Marcos López de Prado #Royal Order #Abu Dhabi

Spain Awards Professor Marcos López de Prado the Royal Order of Civil Merit

On November 21, 2024, Professor Marcos López de Prado, a board member of ADIA Lab, was honored with the Officer's Cross of the Royal Order of Civil Merit by His Majesty King Felipe VI of Spain and the Spanish Government. The prestigious award, which recognizes exemplary service to society, was presented during a ceremony held in Abu Dhabi by H.E. Íñigo de Palacio España, the Spanish Ambassador to the United Arab Emirates.

This esteemed recognition is bestowed only upon individuals for their significant contributions to the fields of science and global investment, highlighting Professor López de Prado's remarkable 25-year international career that has spanned across three continents. Notably, the Order's distinguished Knights and Dames have included heads of state, revered diplomats, artists, and leaders from various sectors, underscoring the rigorous standards of merit and service associated with this honor.

During the ceremony, Ambassador de Palacio lauded Professor López de Prado’s pivotal role in the establishment of ADIA Lab and its collaboration with Spain, which has facilitated a thriving exchange of scientific knowledge between Spain and the UAE. His contributions have notably enhanced Spain’s standing on the international stage, enriching the country's image worldwide.

Professor López de Prado has been a leading figure in transforming finance in the past quarter-century, innovating artificial intelligence algorithms now utilized by some of the largest investment firms globally. His influential work has earned him numerous accolades, including international awards that recognize his advancements in this critical field.

As the Global Head of Quantitative Research and Development at the Abu Dhabi Investment Authority (ADIA), a Research Fellow at the Lawrence Berkeley National Laboratory, and a Professor of Practice at Cornell University's School of Engineering, Professor López de Prado's commitments reflect his expertise and influence in both academia and industry. His work in machine learning and AI has significantly advanced the methodologies employed in investment strategies.

In his acceptance speech, Professor López de Prado articulated the personal significance of the honor, expressing appreciation for the opportunities that have allowed him to contribute to the field of finance. "For over 25 years, I have dedicated my efforts to advancing our discipline, leading to evidence-based and systematic investing. This accolade also serves to lift awareness of the societal benefits derived from AI in finance, supporting improved decision-making processes and informed public policy design. I am immensely grateful to ADIA for enabling me to align my scientific endeavors with its long-term goals."

With heartfelt gratitude, he acknowledged the vital support from his family, friends, and colleagues, emphasizing that this achievement is shared with those who have assisted him on his journey.

The ceremony was graced by several eminent scientists, including Nobel Laureates and influential thought leaders in various fields, highlighting the significance of the gathering and the high caliber of projects associated with ADIA Lab.

About ADIA Lab
ADIA Lab serves as an independent institution engaged in both basic and applied research in fields such as Data Science, AI, Machine Learning, and High-Performance Computing. Its initiatives extend to various applications, including climate change, blockchain technology, and healthcare. Supported by ADIA, the lab is dedicated to fostering groundbreaking research that promotes a better future and strengthens international relations through science.

About the Royal Order of Civil Merit
Established in 1926, the Royal Order of Civil Merit honors exceptional services rendered by individuals for the benefit of Spain and its citizens. Recognition by this order reflects a commitment to societal advancement and is a testament to an individual's impactful contributions across a variety of domains.

For further details, please visit: ADIA Lab and Royal Order.