Caroline Pickering has made history by becoming the first woman to lead the Fiji Financial Intelligence Unit (FIU), as she assumes the role of director effective January 1, 2025. Her appointment comes after the retirement of Razim Buksh, who dedicated 17 years to the position. Reserve Bank Governor Ariff Ali expressed great confidence in Pickering’s abilities, highlighting her over 25 years of experience in the financial sector and her strategic leadership skills, essential for guiding the FIU through a rapidly evolving digital financial landscape.

Having been part of the FIU since 2006 as the manager of policy and compliance, Pickering has played a crucial role in developing Fiji’s regulatory framework to combat money laundering and financial crime. Her extensive experience includes collaboration with various financial institutions and government agencies to ensure safeguards against financial misconduct, which is critical for maintaining the integrity of Fiji’s financial systems.

The FIU acts as Fiji’s primary agency monitoring financial transactions across 172 institutions, overseeing a database that recorded over 30 million transactions as per the latest annual report. This substantial responsibility underscores the vital role of the FIU in preserving financial integrity.

With her diverse background and proven leadership, Pickering’s transition to director is anticipated to encourage innovative strategies that enhance the unit’s effectiveness in addressing contemporary financial crimes. This leadership change is regarded as a significant step toward improving gender representation in financial regulatory roles and reflects Fiji’s commitment to strengthening its financial oversight.

In summary, Caroline Pickering’s appointment signifies a pivotal moment for the Fiji FIU, showcasing advancements in governance and operational integrity in fighting financial crime. Her leadership is poised to bolster the nation’s efforts, ensuring a secure economic environment for citizens and illustrating a hopeful outlook for the future of financial integrity in Fiji.