Former 1MDB lawyer who worked with Goldman a target in Swiss probe

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A former top executive with 1MDB and a senior lawyer at the fund who worked with Goldman Sachs Group Inc. are among six people targeted in a Swiss criminal probe into the multibillion-dollar scandal

Khazanah board resignation clears deck for restructuring, says PM Mahathir

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Mahathir stressed that it is the prime minister’s prerogative to appoint the fund’s new board members, re-designation to other entities and to retain some of them to allow for continuity.


The face of finance soon to be more female, at least in China

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More women than men in China are taking the notoriously difficult Chartered Financial Analyst exams, an indication that a gender shift may be underway — at least in the world’s second-largest economy.


People Digest: MobiKwik names business heads; NestAway gets new CFO

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Home rental startup NestAway Technologies has appointed former Amazon executive Sandeep Daga as its chief financial officer.


Macquarie taps Wikramanayake to succeed outgoing CEO Moore

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Wikramanayake has worked for Macquarie around the globe, including establishing its infrastructure funds in the US and Canada.


People Digest: NPS appoints acting CIO; Campbell Lutyens makes HK hires

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National Pension Service of Korea has named Su-Cheol Lee as the acting chief investment officer of the $559-billion public pension fund.  


CEOs of IPO-bound Chinese startups are starting to get billion-dollar bonuses

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Pinduoduo CEO received at least $1 billion of stock as his e-commerce company prepares for a U.S. IPO while Lei Jun, head of Xiaomi, saw a $1.5 billion payday.


Malaysia: Former central bank governor is Sime Darby Property’s new chairman

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Malaysia state fund PNB is the majority shareholder of Sime Darby Bhd and its spin-offs Sime Darby Property and Sime Darby Plantation.


Malaysia’s BIMB Holdings and Bank Islam CEO Khairul Kamarudin quits

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Khairul, who was appointed to the position in August 2017, also resigned as CEO of Bank Islam Malaysia Bhd, a wholly-owned subsidiary of BIMB.


People Digest: Swiggy hires Amazon exec as engineering head; Rajan Anandan is TiE-NCR president

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Vaz will be responsible for building Swiggy’s next generation AI-driven platform for hyperlocal discovery and on-demand delivery.