Filimone Waqabaca has been selected to take on the role of chief executive officer at the Fiji Development Bank, starting January 15, 2025. Currently serving as Fiji’s ambassador to Japan, Waqabaca has an impressive background in the financial and banking regulatory fields in Fiji.
The Fiji Development Bank noted in a statement that KPMG has been engaged to assist with the recruitment process, highlighting the bank’s commitment to ensuring a seamless transition. Waqabaca’s extensive experience includes a previous position as Fiji’s High Commissioner to New Zealand. He is academically accomplished, holding a Bachelor of Arts degree in Economics and Management from the University of the South Pacific, earned in 1989, as well as a Master of Science in International Banking & Financial Studies from the University of Southampton, UK, obtained in 1997.
This new appointment is a promising development for the Fiji Development Bank, as Waqabaca’s rich experience is expected to enhance the bank’s leadership and strengthen its operations.
Summary: Filimone Waqabaca will take over as CEO of the Fiji Development Bank on January 15, 2025. He has a notable background in finance and diplomacy, including previous roles as ambassador to Japan and High Commissioner to New Zealand. His academic qualifications further bolster his suitability for the role, making this a positive step forward for the bank.
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