Mark Clough the new chief executive of the Fiji Development Bank officially began work at the Bank yesterday.

FDB Board Chair, Robert Lyon, says the appointment is timely for the Bank.

Clough is an investment and financial services professional with over twenty-five years of experience as an advisor to governments, senior executive of large international institutions and Board and Committee member for non-profits organizations.

The chief executive’s position became vacant following the retirement of FDB’s second longest serving CEO, Ratu Deve Toganivalu, in March.