1MALAYSIA Development Bhd (1MDB) has appointed a Dubai-based banker, Arul Kanda as President and Group Executive Director with immediate effect, the company announced this week. Chairman of 1MDB, Tan Sri Datuk Seri Lodin Wok Kama­ruddin said the appointment is part of a transition plan. “Arul succeeds Mohd Ha­zem Abd Rahman,... Read more