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FDB reappoints board of directors

Thursday, February 08, 2018

Update: 11:48AM THE Fiji Development Bank has reappointed four of its members to the Board of Directors, whose roles came into effect yesterday.

A Government statement issued yesterday said the appointments were made by Attorney-General and Minister of Economy, Aiyaz Sayed-Khaiyum.

 Robert Gordon Lyon was reappointed for another three-year term as Chairman, Wella Pillay was reappointed for another two-year term as Deputy Chairman, Inia Naiyaga was reappointed to a two-year term as Director and Rajesh Kumar was reappointed to a two-year term as Director.

The Fiji Development Bank was established on July 1, 1967 under the Fiji Development Bank Act 1967 and it is an autonomous statutory body. Its operations are controlled by a Board of directors appointed by the Minister of Economy.

Under the Act, the Bank provides finance for projects that contribute to the development of Fiji's economy and improves the quality of life for the people of Fiji.

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