Lorraine Seeto, a prominent business executive with a distinguished career in finance, has been appointed as an Independent Director on the Board of the South Pacific Stock Exchange (SPX). Seeto’s remarkable legacy includes being the first woman to hold a senior executive role at the Reserve Bank of Fiji, where she made significant contributions and served as an advisor to Governors.
The South Pacific Stock Exchange has praised Seeto for her extensive background, which encompasses collaboration with various regional and international financial institutions as well as involvement in significant financial sector initiatives. Her achievements have been recognized through numerous awards, including the Lifetime Achievement Award from the Fiji Institute of Bankers and the Women in Business Excellence and Commitment Award.
Nitin Gandhi, the Chairperson of SPX, expressed enthusiasm over Seeto’s new role, stating that her vast experience in central banking and financial regulation will be invaluable to the board’s strategic direction. He emphasized that her appointment further solidifies the Board’s dedication to strong governance and the ongoing evolution of capital markets in Fiji.
Seeto’s expertise is anticipated to greatly benefit the SPX as it seeks to align with global best practices in market operations. This appointment comes at a pivotal time for the SPX, which has been actively engaging in global events, such as the recent World Federation of Exchanges (WFE) Annual Meeting, underscoring its commitment to international collaboration in enhancing capital market dynamics.
The addition of Lorraine Seeto to the board signals an optimistic future for the South Pacific Stock Exchange as it aims to promote growth and modernization within Fiji’s financial sector. Her insights will play a crucial role as SPX focuses on strengthening its governance frameworks and broadening its impact in the capital markets.
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