Avaland Berhad, formerly known as MCT Berhad, has appointed Apollo Bello Tanco (Pol) as its Chief Executive Officer, succeeding Teh Heng Chong effective 1 January 2024. Teh will remain on Avaland's board of directors as an Non- Independent Non-Executive Director. On the other hand, Avaland looks forward to a seamless transition as Pol served as Avaland's Chief Operating Officer between 2019 and 2022 and is familiar with both Avaland and the Malaysian property market.

During his tenure as Chief Operating Officer, he managed the day-to-day operations of Avaland covering project development, land acquisition, planning and design, construction management, and property management Pol brings with him a wealth of both technical and management experience, having served as the Senior Estate Development Head at Ayala Land and is responsible for the development five townships covering almost 5,500 acres. He also served as the Head of Project and Strategic Management Group of Avida Land Corp., which is the development arm of Ayala Land that serves the middle-income segment.