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FDB reappoints board members to another term

February 7, 2018 11:45 pm

Four members of the Fiji Development Bank have been officially reappointed to the Board of Directors by Attorney-General, Aiyaz Sayed-Khaiyum.

The reappointments, came into effect from January 7th.

Robert Gordon Lyon has been reappointed for another three-year term as chair, Wella Pillay has been reappointed for another two-year term as deputy chair, while Inia Naiyaga and Rajesh Kumar have been reappointed to a two-year term as Director.

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FDB is an autonomous statutory body, the operations of which are controlled by a Board of directors appointed by the Economy Ministry.

Under the Act, the Bank provides finance for projects that contribute to economic development and improves the lives of Fiians.

Loans are provided for Agricultural, Small and Medium, as well as Corporate enterprise projects.

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