Fijian Holdings Limited Chief Executive Nouzab Fareed has now confirmed that he has resigned from his position.

Fijian Holdings Limited Chief Executive Nouzab Fareed has now confirmed that he has resigned from his position.

This follows him fronting an investigation committee of FHL after allegations were brought against him by former female staff.

Earlier this afternoon, when reports surfaced that he had resigned, FBC News had approached him on the claims, which he had denied.

However, now he has confirmed that he has indeed stepped down.

“Today I resigned on my own free will and accord. Nobody pressured me, none of the FHL board members. The directors were very professional. None of them wanted me to resign and shareholders did not pressurize me. The decision to resign is coming from Fareed and my family.”

Fareed has served FHL for the past fifteen years as the chief executive.