Filimone Waqabaca has been appointed as the new Chief Executive Officer of the Fiji Development Bank (FDB), with his tenure set to begin on January 15, 2025.
In a statement, the FDB announced that it engaged KPMG for recruitment services for this important leadership role. The bank expressed confidence in Mr. Waqabaca’s capabilities, citing his extensive experience in the finance and banking regulatory sectors in Fiji.
Before this appointment, Mr. Waqabaca served as Fiji’s High Commissioner to New Zealand. He holds a Bachelor of Arts degree in Economics and Management from the University of the South Pacific, completed in 1989, and a Master of Science in International Banking & Financial Studies from the University of Southampton in the United Kingdom, earned in 1997.
This appointment signals a promising new chapter for the Fiji Development Bank, as Mr. Waqabaca’s wealth of experience and knowledge is expected to greatly contribute to the bank’s continued growth and success in the financial sector.
Summary: Filimone Waqabaca has been appointed as the CEO of the Fiji Development Bank, effective January 15, 2025. With a strong background in finance and previous roles, including High Commissioner to New Zealand, he is poised to lead the bank into a new era.
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