In a decisive move to uphold sound and efficient financial standards, the Fiji Rugby Union (FRU) yesterday announced the co-option of Tony Ram as a non-voting director on the FRU Board.
This appointment was made under provisions in the union’s articles of association that permit the Board to co-opt individuals with specialist expertise.
Board chairman John Sanday explained that the decision aligns with the board’s current focus on strengthening financial and commercial capability.
“This year, the board will be considering significant real property investments and related financing and debt structuring. Tony’s background in banking and financial services is directly relevant to that work, and his appointment strengthens the Board’s overall capability in these areas,” Sanday said.
Ram holds a bachelor’s degree from the University of the South Pacific and has undertaken professional development in governance, financial risk management, and corporate strategy.
He brings a wealth of knowledge and experience in finance, currently serving as general manager of retail banking at HFC Bank.
He is also a member of the bank’s executive committee, responsible for deposits, lending, and insurance services.
His expertise spans financial analysis, risk and credit management, business growth, customer service standards, marketing, and stakeholder engagement.
“I’m honoured to serve, basically this is a role of service and happy to contribute and provide value add where necessary. Rugby is not just a game, it’s a religion in our country and everybody is passionate about it, so we all need to contribute and work in a way so that we continue to support and build the game in the country,” Ram said.
Co-opted directors serve in a non-voting capacity and are subject to endorsement at the next annual general meeting, in accordance with the FRU’s governance framework.
