Adrian Sunil Parshu Ram is set to join the Board of Directors for the Fiji Sugar Corporation Ltd., after being nominated by Charan Jeath Singh, the Minister for Sugar Industry, and subsequently approved by Prime Minister Sitiveni Rabuka. This nomination comes in light of Atil Narayan’s recent resignation after five years of dedicated service on the board.
Ram is expected to contribute his extensive expertise in law, accounting, and business management, and Minister Singh expressed optimism about Ram’s potential impact on the Fiji Sugar Corporation’s efforts to strengthen the sugar industry. Singh also extended his thanks to Narayan for his noteworthy contributions during his tenure.
The composition of the FSC board is particularly significant as the corporation addresses various challenges facing the sugar industry. Notably, there has been a recent increase in fees and allowances for directors, which will amount to around $72,000 in 2024. This strategic decision aims to attract seasoned leadership, especially following the board’s expansion to include nine members, thereby enhancing its focus on governance and sustainability in the sugar sector.
Discussions held at the International Sugar Organization (ISO) Council and engagements with major international sugar market players like Tate and Lyle have fostered a sense of optimism regarding the future of Fiji’s sugar industry. The emphasis on sustainability and forming strategic partnerships illustrates a proactive effort to restore Fiji’s status within the global market.
The appointment of Ram to the FSC board marks a hopeful development for the sugar industry as it seeks to overcome past obstacles and pursue sustainable growth. The combined expertise from Ram and the newly expanded board is likely to play a crucial role in revitalizing Fiji’s sugar sector, ultimately benefiting local farmers and the broader economy.
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