Arno Kitts Takes the Helm as Non-Executive Chairman at New World Group Holdings

On May 29, 2026, New World Group Holdings (NWG), an investment and holding firm based in London, announced the appointment of Arno Kitts as its Non-Executive Chairman. This transition comes after Kitts served as Interim Chairman and signals a pivotal moment in the company's strategic journey towards establishing a robust principal investment platform. Founded and led by Adam Sadiq, NWG is renowned for its focus on strategic ownership across institutional real assets, financial infrastructure, and cross-border operating entities throughout Europe, the Middle East, and Asia.

Kitts brings over 30 years of experience in global investment management and institutional finance to his new role. His extensive background includes serving as the Managing Director and Head of the £250 billion BlackRock UK Institutional Business, as well as Chief Executive of the £100 billion BlackRock Life platform. He has also held senior roles at Henderson Global Investors and JP Morgan. Kitts' impressive track record in the industry positions him to drive NWG's strategic aspirations forward.

Beyond his previous positions, Kitts has played an integral role in the company’s evolution. He was one of the early investors in NWG and has been a crucial supporter throughout its development. His expertise is further evidenced by his involvement with the Investment Committee at The Valesco Group, a significant player in the European real asset market, managing around €3 billion.

Under Adam Sadiq's guidance, NWG has crafted a unique international platform, building lasting relationships with sovereign institutions, family offices, and institutional investors across key global capital corridors. "Our goal is to build NWG as a long-term principal investment and holding group focused on ownership, control, and platform value creation," said Sadiq. He believes that Kitts' leadership will be vital as they enter an exciting new phase, emphasizing long-term ownership and strategic growth across aligned business platforms.

Expressing his thoughts on his new role, Kitts stated, "I was fortunate to support New World Group as one of its earliest investors and have witnessed the Group's evolution firsthand over many years. I look forward to supporting Adam and the broader Group as NWG continues building a differentiated principal investment and platform ownership group across Europe, the Middle East, and Asia."

This leadership transition is part of a broader governance evolution within NWG. Earlier this year, Mazen Al Tamimi and Zeiad Idris departed from the Board of New World Group Holdings, stepping away from their executive roles. These changes are evident in NWG’s ongoing commitment to adapting its leadership structure to better align with its ambitious vision.

As NWG continues to explore various long-term strategic initiatives, ownership opportunities, and expansion projects, Kitts’ appointment marks a significant step in reinforcing the company’s operational strategy and portfolio value. The firm's focus on developing a globally connected principal investment platform is set to redefine its standing in the competitive investment landscape, making it a company to watch in the coming years.

For more information and the latest updates on NWG, visit their official website.