As per the media reports, Stefan Brunner, Imagenation Abu Dhabi's chief financial officer has now, in addition to his present role, also been appointed the chief operating officer of the company.

It was specified by Ed Borgerding, CEO of Abu Dhabi Media Company and Imagenation that the promotion was earned by Brunner.

Borgerding said: "He (Brunner) is a talented executive and will be instrumental for the continued growth and success of Imagenation Abu Dhabi."

Borgerding also added that Brunner was keen to take onto the new challenge at such a young company. He said: "The previous year has seen Imagenation Abu Dhabi and the emirate of Abu Dhabi emerge as prominent players amongst filmmakers worldwide and I am looking forward to fostering those relationships and thus assisting Abu Dhabi in accomplishing its objectives in the film and media industry."

Initially, the Munich-based Entertainment Value Associates' production financing activities were headed by Brunner, where he co-produced the animated series Wolverine & The X-Men for Marvel, among other titles.