1MDB CEO resigns, Abu Dhabi banker takes helm

1MDB CEO resigns, Abu Dhabi banker takes helm

Company logo from the website

Embattled state-fund 1Malaysia Development Bhd (1MBD) has replaced its chief executive handing over the reins to Abu Dhabi-based investment banker Arul Kanda, who faces a daunting task of turning around the investment company.

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