Quick note to this. Issue is resolved with below steps in case anyone encounters with error 1067.
WARNING: Back-up APPTIO directory before you perform any actions.
Added ;%JAVA_HOME%\bin to system path variable.
Uninstalled original agent and renamed to backup.
Installed latest agent into a new directory c:\ApptioDataLink
Copied agent.config and config directory into the new install dir.
Verified connectors.