Filimone Waqabaca has been appointed as the new chief executive officer of the Fiji Development Bank (FDB), with his appointment set to take effect on January 15, 2025. The bank announced that KPMG had been engaged to assist in the recruitment process for this key role.
Waqabaca brings a significant background in the finance and banking regulatory sectors to the FDB, making him a well-suited candidate for the position. His previous role as Fiji’s High Commissioner to New Zealand showcases his extensive experience in high-level diplomatic positions. He also holds a Bachelor’s degree in Economics and Management from the University of the South Pacific and a Master’s degree in International Banking and Financial Studies from the University of Southampton.
This transition marks a promising development for the Fiji Development Bank, as Mr. Waqabaca’s vast expertise is expected to enhance the bank’s operations and strategic direction in the coming years.
Overall, Waqabaca’s appointment reflects the commitment of FDB to leadership excellence, and with his extensive background, there is optimism for a strong future for the bank under his guidance.
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