SINGAPORE (Jan 29): At Khazanah Nasional’s annual review briefing on Jan 18, recent questions on the succession plan at the sovereign wealth fund were clearly on managing director Azman Mokhtar’s mind.

Less than 20 minutes into the briefing, he chose to address the elephant in the room. “I’ll answer upfront on whether I’m staying or going… Actually, I still have until the middle of next year and we can address this perhaps next year.”

Last August, it was reported that external candidates were being evaluated for the hot seat at Khazanah. They include ex-banker Arul Kanda Kandasamy, who is overseeing 1Malaysia Development Bhd’s restructuring, and CIMB Group CEO Tengku Zafrul Tengku Abdul Aziz.

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