Fijian Holdings Limited (FHL) has announced a major leadership reshuffle across its group and subsidiaries, naming five senior executives to new roles as part of a drive to sharpen strategy and accelerate major projects. The appointments — effective between January and March 2023 — place experienced managers at the helm of FHL’s investment, project delivery, finance and operating businesses, and set out a clear pipeline of work including a new cement plant and a reset of core industrial units.
Josua Satavu, previously FHL’s Group manager Investment, was seconded to Pacific Cement Limited (PCL) and appointed chief executive officer effective February 1. Satavu led FHL’s investment team through impact investment portfolio development, group investment strategy co-design and merger-and-acquisition transactions. At PCL he is charged with redesigning the company strategy and steering a transformation as the business begins construction this year of a new cement manufacturing plant slated to be fully operational in 2027.
Effective January 1, Naushad Ali took over as chief executive officer of Basic Industries Limited (BIL). Ali arrives from Fulton Hogan Hiways where he was business manager, and brings about 15 years of executive leadership across public and private boards, including previous roles as deputy chair of Fiji Airports Ltd, chair of the Biosecurity Authority of Fiji, and as CFO and company secretary for the Golden Manufacturing Ltd Group. His brief is to lead a strategic reset for BIL and to guide the transformation and growth of subsidiaries including Humes and Standard Concrete, alongside a review of all BIL business units.
FHL has created a new Group head of Projects & Development role and appointed Angela Waradi to the position after she joined the group in December. With more than 17 years’ experience in civil, structural and industrial engineering across the Pacific — including senior strategic engineering work at Fiji Water and project roles at NRW and Kramer Ausenco — Waradi will establish the group’s projects strategy, coordinate project partnerships across subsidiaries and build technical capability within FHL. The company described the role and portfolio as new to the group.
On the financial side, Sidhant Sharma was promoted to Group chief financial officer effective March 1. Sharma, with FHL since 2019 and who served as acting CFO last year, has been involved in the group’s wholesale corporate bond issuance, merger-and-acquisition due diligence, split banking projects and reviews of the group’s financial capabilities. He previously served as Group finance manager and currently sits on several subsidiary and impact-investment boards.
Tevita Tuiloa assumes the newly designated role of Group head of Investment, also effective March 1, concluding his term as acting general manager of FHL Properties Ltd. Tuiloa’s recent achievements cited by FHL include delivery of the FHL Tower, the acquisition of Port Denarau Marina Ltd and participation on the RB Patel board during a corporate-bond listing. In his new post he will be tasked with growing the group’s investment portfolio, co-defining FHL’s strategic direction and building investment capability.
FHL chairman Rokoseru Nabalarua said the appointments would “strengthen the group strategic plan and leadership capability” and support execution of the group’s priorities. “We remain focused on disciplined governance, sustainable growth and delivering value to our shareholders,” he said.
The reshuffle comes as Fiji’s broader business environment shows signs of recovery and heightened investment activity, with recent government forecasts of rising revenue and regional export growth. For FHL, the changes aim to align leadership to a development-heavy agenda — particularly large capital projects such as the PCL plant — and to position the group for continued expansion across its industrial and property portfolios.
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