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Masitabua takes on new role

Filipe Naigulevu
Monday, December 04, 2017

ESALA Masitabua is Reserve Bank of Fiji's new deputy governor.

The new appointment, which comes into effect from January 1 next year, was made known by the central bank last week.

Mr Masitabua, a seasoned central banker, has more than 20 years of central banking experience having joined the bank in 1997.

He will officially fill the position which was left vacant earlier this year from Ariff Ali who was appointed as acting governor then later confirmed to the RBF governor post.

Prior to this appointment, Mr Masitabua was earlier appointed as chief manager currency and corporate services group in March 2005

In February 2010, he took on the role of chief manager financial institutions, before being appointed to his current role of chief manager financial markets in April 2013.

Mr Masitabua has also assumed a number of senior roles and responsibilities during his tenure at the RBF including acting as the deputy governor on several occasions.

He has also represented the bank and attended numerous specialised central banking training both locally and abroad.

Mr Masitabua holds a masters of business administration degree, a postgraduate diploma in Economics and a postgraduate certificate in human resource management from the University of the South Pacific. He also holds a Bachelor of commerce degree from Griffith University, Australia.

In announcing the appointment, RBF governor and chairman Mr Ali stated that the central bank was pleased to have Mr Masitabua assume this critical and challenging new role.

"The bank looks forward to the contributions of Mr Masitabua and wishes him well," Mr Ali said.

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