Who Will Be the Next FDB CEO?
Mr Clough led the bank when it was undergoing its strategic direction of positioning itself as one that drives innovative and inclusive development and climate financing solutions for all Fijians.
By January, a new chief executive officer for the Fiji Development Bank (FDB) will be announced.
The appointment comes after the resignation of Mark Clough.
KPMG Fiji conducted the interviews in mid November.
KPMG describe itself as a global network of independent member firms offering audit, tax and advisory services; working closely with clients, helping them to mitigate risks and grasp opportunities.
The outgoing CEO was appointed on November 20, 2017.
Mr Clough led the bank when it was undergoing its strategic direction of positioning itself as one that drives innovative and inclusive development and climate financing solutions for all Fijians.
He is an investment and financial services professional with over 25 years of experience as an advisor to governments, senior executive of large international institutions. He is a board and Committee member for non-profits on primarily so cial infrastructure, real estate development and investment, and renewable energy transactions.
He holds a degree in Mathematics and Statistics, and Post-Graduate qualifications in Finance, Actuarial Science and Governance. Mr Clough succeeded FDB’s second longest serving CEO, Ratu Deve Toganivalu, in March 2017 after he had served as CEO for nine years in his total 29 years with the Bank. The position was carried forward through acting appointments by general managers [GMs] Finance and Administration, Mr. Saiyad Hussain, and Business Risk Services, Nafitalai Cakacaka.
The new appointee will be FDB’s ninth chief executive officer.