Fiji Sun

No decision on the Denarau Corp CEO post yet: Sharma

- CHARLES CHAMBERS NADI Feedback: charles.chambers@fijisun.

No decision has been made yet on the appointmen­t of the new chief executive officer for Denarau Corporatio­n Limited.

This was confirmed yesterday by company chairman Pramesh Sharma.

“I would expect a decision may be reached before the month end,” Mr Sharma said.

However, he could not confirm who the shortliste­d candidates were.

“That is confidenti­al informatio­n which I cannot divulge.

“We are still going through the selection process.”

Matter handle

Mr Sharma said the Human Resource Committee and the board are handling the matter. “Right now we cannot say anything else.”

Position

The position is currently being filled by Robert Speed. Denarau Corporatio­n Limited (DCL) is the Body Corporate for Denarau Island Resort. It has been establishe­d pursuant to the Charter for Denarau Island which creates the integrated resort structure that binds all owners and occupiers on the Integrated Island Resort.

In addition, the integrated island resort structure is governed by the Articles of Associatio­n of Denarau Corporatio­n Limited.

Core business

The company’s core business is to administer, manage and develop a sustainabl­e, financiall­y viable 5-star integrated island resort community – Denarau Island Resort.

The integrated island resort structure breaks the resort down into individual precincts, namely hotel, residentia­l, commercial. Marina and golf.

Various board directors are appointed to represent individual precincts.

Mr Sharma said the Human Resource Committee and the board was handling the matter.

 ??  ?? Denarau Corporatio­n Limited chairman Pramesh Sharma
Denarau Corporatio­n Limited chairman Pramesh Sharma

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