New 1MDB president outlines his strategy for the company


KUALA LUMPUR: On the second day into his job as the head honcho of 1Malaysia Development Bhd (1MDB), Arul Kanda Kandasamy (pic) met up with reporters from a foreign news wire and a local newspaper promising a higher degree of transparency from the organisation.

The 38-year-old law graduate from the London School of Economics, who honed his skills as an investment banker in London and the Middle East, said that it would be business as usual for 1MDB without any disruptions to its existing plans.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , arul 1mdb , arul , strategy , company , energy , listing ,

Next In Business News

Eastspring Investments launches US equity income fund
Uniqlo operator Fast Retailing posts 32% rise in profit, beats forecasts
Nestl� Malaysia, Yayasan Food Bank Malaysia sign three-year MoU on food redistribution
Dapat Vista responds to PAC findings on eJamin management
Gold pauses decline after two-month low as traders weigh US Fed move
Sino-Asean economic ties gain new dimensions
BSN appoints Zukri Samat as new chairman
MyDCD inks IPO underwriting deal with TA Securities
Oil rises as Middle East supply concerns persist amid shipping attacks
Singapore's MS First Capital earnings superior credit ratings - AM Best

Others Also Read