Lorraine Seeto, a prominent figure in the financial sector, has officially joined the board of the South Pacific Stock Exchange (SPX) as an independent director. In making this announcement, SPX highlighted Ms. Seeto’s impressive career, noting her historic role as the first female senior executive at the Reserve Bank of Fiji, where she served as an adviser to the Governors.
Her extensive background includes collaboration with various regional and international financial institutions, as well as her involvement in important national and global finance initiatives. Recognized for her significant contributions to the industry, Ms. Seeto has received multiple accolades, including the Lifetime Achievement Award from the Fiji Institute of Bankers and the Women in Business Excellence and Commitment Award.
Nitin Gandhi, chairperson of SPX, welcomed Ms. Seeto, emphasizing that her vast experience in central banking and financial regulation will provide invaluable insights into the board’s strategic direction. Her appointment is expected to enhance the board’s expertise and contribute to SPX’s ongoing commitment to strong governance and the development of capital markets in Fiji.
This development aligns with SPX’s proactive approach, as the exchange has been actively engaging in international events to bolster its operations. Recently, SPX participated in the World Federation of Exchanges (WFE) Annual Meeting, showcasing its commitment to global collaboration and best practices in capital market dynamics. The board’s strategic initiatives aim to modernize the stock exchange and tap into new opportunities for growth, thereby establishing a more robust financial landscape in Fiji.
With Ms. Seeto joining the board, SPX is poised for an optimistic future, signaling a focus on innovative practices and strengthened governance that could potentially lead to enhanced investor confidence and further growth in Fiji’s financial sector.
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