The Governor of the Reserve Bank of Fiji (RBF), Ariff Ali, has officially appointed Caroline Pickering as the new Director of the Fiji Financial Intelligence Unit (FIU), effective from January 1, 2025. This appointment comes at a critical time as the FIU continues its mission to combat money laundering and financial crimes in an increasingly digital financial landscape.
The selection process for the Director of the Fiji FIU involves recommendations from the National Anti-Money Laundering Council and is capped by the Governor’s final decision. Pickering, who is currently the Manager of Policy and Compliance at the Fiji FIU, will succeed Razim Buksh, who retired in 2023 after serving in the role.
Ariff Ali expressed his confidence in Pickering’s ability to lead the FIU, citing her extensive 25-year career that has equipped her with the strategic leadership skills necessary to achieve results within Fiji’s financial environment. In her previous role with the FIU, she was crucial in establishing a robust regulatory framework aimed at fighting money laundering and other forms of financial crime, collaborating with various financial institutions and government bodies to enhance compliance and detection efforts.
Pickering has been with the Fiji FIU since 2006 and has served in roles that further her expertise and influence in the organization, including periods as acting Director. Her background includes over nine years in the Office of the Auditor-General, where she fulfilled various audit and leadership responsibilities. She holds degrees in accounting and economics from the University of the South Pacific and is a member of the Fiji Institute of Chartered Accountants.
The Governor extended his congratulations to Pickering, expressing anticipation for her contributions toward strengthening the integrity and safety of Fiji’s financial system.
In summary, Caroline Pickering’s appointment reflects a commitment to upholding Fiji’s financial integrity as she steps into her new role, leveraging her vast experience and dedication to effective governance. Her leadership is expected to guide the FIU in navigating the challenges posed by evolving financial crimes, which is essential for the continued stability and growth of Fiji’s economy. This transition not only showcases a strategic move within the financial oversight landscape but also emphasizes the nation’s proactive stance against financial misconduct.
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