The iTaukei Land Trust Board (TLTB) is actively seeking qualified professionals for various board director positions in its newly planned commercial division. This initiative follows the board’s approval last year to establish a holding company along with its subsidiary, aimed at empowering iTaukei landowners and expanding TLTB’s commercial activities.
Recently, TLTB issued a call for Expressions of Interest (EOI) to attract skilled individuals in fields such as banking and finance, business development, engineering, human resources, information technology, investment and business advisory, legal services, land development, marketing, property management, and strategic planning. The goal of this new venture is to generate sustainable income and create long-term economic opportunities for iTaukei landowners.
In a recent advertisement, TLTB emphasized its commitment to fostering economic empowerment and enhancing participatory roles for landowners in key sectors. “This new division aims to broaden TLTB’s commercial activities to create sustainable income and wealth for iTaukei landowners,” TLTB stated.
Moreover, TLTB is poised to establish a subsidiary of the Landowners Bank to further bolster these initiatives. Recently launched projects include the iTaukei Wealth Fund and the iTaukei Development Facility, which are already working to provide soft loans to eligible landowners. According to TLTB’s CEO, Solomoni Nata, these funds will eventually merge into a formal landowners’ bank, which is expected to enhance access to financial resources for individual and collective landowning units.
The application window for board director roles will close on January 24, and TLTB encourages interested professionals to apply, signaling an exciting period of growth and opportunity for the organization and its stakeholders.
This proactive approach by TLTB reflects its dedication to creating viable economic pathways for iTaukei landowners, ensuring they can participate actively in the commercial sector and reap the benefits of their land resources in sustainable ways.
In summary, TLTB’s formation of its commercial arm and search for experienced professionals illustrates a significant step toward long-term economic development for iTaukei communities, promoting empowerment and wealth generation.
Leave a comment