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Newsmakers 2020: Corporate musical chairs

Kumpulan Wang Persaraan (Diperbadankan) Former Lembaga Tabung Angkatan Tentera (LTAT) chief executive Nik Amlizan, 51, was tasked in 2019 with moving the organisation beyond the financial mismanagement and irregularities that it had been embroiled in. In October 201, she took over the reins from Tan Sri Lodin Wok Kamaruddin, who had stepped down in the wake of the scandal. Nik Amlizan is the first woman to helm the armed forces pension fund. She moved quickly to get LTAT back on track, putting in place a five-year strategic plan, along with Haniz Nazlan, who had joined the organisation in August 2019 in the newly created role of chief investment officer (CIO). Haniz told The Edge in a June interview that LTAT had lined up more than 30 investment-related initiatives for 2020 alone, which involved establishing the right framework and detailed investment plans, as well as enhancing existing policies and processes to guide the long-term transformation journey towards becoming a world-c

MOT to probe allegation of unlicensed private jets operating at Subang Airport

MOT to probe allegation of unlicensed private jets operating at Subang Airport 24 Dec 2020 / 20:11 H. KUALA LUMPUR: The Ministry of Transport (MoT) will conduct an investigation and take the necessary actions on allegedly unlicensed private jets for commercial purposes (hire or reward) operating at the Sultan Abdul Aziz Shah Airport in Subang. “The ministry, through the Civil Aviation Authority of Malaysia (CAAM) and the Malaysian Aviation Commission (MAVCOM), will conduct an investigation into this issue in order to take the necessary actions. “The public is encouraged to report any pertinent information to the ministry, CAAM, or MAVCOM to assist in this investigation,” the MoT said in a statement here today.

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