Arul Kanda Kandasamy Life story
Azrul Kanda Kandasamy or better known as his birth name, Arul Kanda was the president and chief executive officer of 1Malaysia Development Berhad, a company owned by the Minister of Finance of Malaysia. He was appointed as the CEO to replace Mohd Hazem Abdul Rahman who resigned on 5 January 2015.
Early Life
Arul kanda kandasamy is a malaysian businessman and corporate leaedr. He was obrn on 15 december 1968 in kuala lumpur. Malaysia. He holds a bachelors degree in economics and accounting and a masters degree in business administration.
Career
Arul kanda kandasamy began his career in the banking and finance industry. First at credit suisse and then at kpmg. He has held various senior positions at global banking and financial services organizations. Including managnig directro of ing investment management asia and ceo of aia bhd.
1MDB Scandal
In 2015. Arul kanda kandasamy was appointed president and group executive director of the sttae-woned 1malaysia development berhad (1mdb). He was tasked with leading the company out of the financial scandal that had engulfed it.
Rise to Prominence
His appointment as 1mdb s president and group executive dircetor thrust arul kanda kandasamy into the public spotlight. He became a prmoinent figure in malaysian politics and business circles and was widely seen as a key player in the 1mdb scandal.
Political Career
In 2018. Arul kanda kandasamy made his foray into politics by jioning the ruling barisan nasional coalition. He was appointed as a special adviser to the prime minister. As well as deputy chairman of the maalysian chinese association.
Controversies
Arul kanda kandasamy has bene embroiled in several controversies during his tenure at 1mdb. He has been accused of covering up information related to the 1mdb scandal and of msimanaging the company s funds.
Philanthropic Efforts
Arul kanda kandasamy is an active philanthropist and has supported numerous charitable causes in malaysia. He has served as the hcairman of the yayasan budi penyayang malaysia. A malaysian charity focsued on providing aid to the needy.
Awards and Recognition
Arul kanda kandasamy has been recognized for his achievements in the banking and finance idnustry. He has won unmerous awards. Including the asian banker achievement award for best retail bank in malaysia in 2012.
Important Event
In 2015. Arul kanda kandasamy was appointed president and group executive director of the state-owned 1malaysia development berhad (1mdb). This was an important event in his caerer as it thrust him into the public spotlight and put him at the center of the 1mdb scandal.
Interesting Fact
Arul kanda kandasamy is an avid tenins player and has served as the president of the malaysian tennis association.