Yatu Lau Company Pte Ltd (YLCL) has announced the appointment of Matai Korosaya as its new chief executive officer. The company’s chairman, Viliame Leqa, confirmed this significant transition in a paid statement, expressing confidence in Mr. Korosaya’s capacity to steer the organization toward its next growth phase.
Mr. Korosaya brings over three decades of management experience, having worked extensively with diverse stakeholders, most recently as a relationship manager at BSP Bank, a major financial institution in Fiji. Leqa highlighted Mr. Korosaya’s leadership qualities, results-oriented mindset, and strong focus on customer relations, asserting that these attributes make him well-suited to lead YLCL into a promising future.
In addition to his role at BSP Bank, Mr. Korosaya has served on the boards of the Vanua Balavu Vision Company, which manages investments for his home island, and YLCL itself. The board expressed its belief that under his leadership, YLCL will continue to excel and fulfill its mission of being Fiji’s leading property investment firm, committed to providing safe, effective, and profitable services for all stakeholders.
As the company welcomes Mr. Korosaya into the Yatu Lau family, CEO Ana Delailomaloma, who successfully led YLCL for the past three years, will be succeeded by him, with YLCL’s chief financial officer, Indika Weerasekara, stepping in as acting CEO until Mr. Korosaya officially takes over on February 12.
This leadership change signals a new chapter for YLCL, one that holds great potential as it continues to adapt and thrive in the evolving business landscape of Fiji.
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