A HEADHUNT is underway by the iTaukei Land Trust Board (TLTB) for experienced professionals in a range of areas to fill board director roles in its soon to be established commercial arm.
Following the approval last year by the TLTB board of the establishment of a holding company and its subsidiary aimed to empower iTaukei landowners, TLTB called for expressions of interest (EOI) last week for skilled people in banking and finance, business development, engineering, human resources, information technology, investment and business advisory, legal, land development, marketing, property management and strategic planning.
“This new venture aims to broaden TLTB’s commercial activities, generating sustainable income, wealth creation and long-term economic opportunities for iTaukei landowners,” TLTB stated in its EOI advertisement.
“Additionally, a subsidiary of the Landowners Bank will also be established to further support these initiatives.
“The board is committed to fostering economic empowerment and enhancing participation in key resource sectors including investment advisory, land development, property management and other potential sectors. Our initiatives also include engaging resource owners for joint venture opportunities.”
TLTB recently set up an iTaukei Wealth Fund financed by a portion of its poundage and operated an equally new unit called the iTaukei Development Facility, which are already involved in providing soft loans to eligible landowners on an individual basis and to landowning units on a collective basis.
The two, according to TLTB chief executive officer Solomoni Nata in an earlier interview with The Fiji Times, will later merge to become the landowners’ bank.
Applications for board directorship will close on January 24.
NOTE: This article was first published in the print edition of the Fiji Times dated January 08, 2025.
