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ABM Appoints Kalpana Executive Director
Last update: 02/10/2017

KUALA LUMPUR, Oct 2 (Bernama) -- The Association of Banks in Malaysia (ABM) has appointed Kalpana Sambasivamurthy as new Executive Director, effective Sept 18, 2017.

In a statement today, the ABM said, Kalpana, a lawyer by training, moved into†the corporate arena after†spending†a decade in legal practice.†

"She first served as Head of Legal Affairs Department at DRB-HICOM Bhd, followed by an appointment at Axiata Group Bhd as Senior Corporate Counsel.

"She has extensive experience in advising on complex mergers and acquisitions, debt and equity capital market transactions, banking matters, as well as providing advice on legal issues involving cross-border transactions," it said.

Kalpana graduated from the University of the West of England, Bristol and has a†Masters in International Relations from The University of Nottingham.



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US 4.2250/2270
S'pore 3.1087/1113
100 Yen 3.7399/7427
Sterling 5.5808/5847
Euro 4.9851/9879
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?

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