TENGKU Zafrul Tengku Abdul Aziz, 31, has taken over as group managing director of Avenue Capital Bhd after just a year on its board as executive director. He succeeds Gooi Hoe Soon, who will be group non-executive chairman. 

The company said in a statement to the MSEB that Zafrul would, among his new responsibilities, “continue to drive the group’s efforts towards strengthening its position as an integrated financial services provider.”