Yatu Lau Company Pte Ltd (YLCL) has appointed Matai Korosaya as its new chief executive officer.
Company chairman Viliame Leqa confirmed Mr Korosaya’s appointment in a paid statement this week, and expressed the board’s confidence in the incoming chief executive’s ability to lead the company into its next phase of growth.
“Mr Korosaya brings more than three decades of management experience working with various stakeholders as a commercial advisor with the BSP bank,” Mr Leqa said.
“His proven leadership, results-driven approach, and strong customer focus make him an ideal leader for our next chapter.”
Mr Korosaya most recently served as relationship manager of BSP Bank, one of Fiji’s major banking operators.
Mr Korosaya’s career includes board appointments in the Vanua Balavu Vision Company, the investment arm of his island Vanua Balavu and YLCL.
“The board is confident that under his leadership, YLCL will continue to thrive and deliver on its promise to be the leading property investment company in Fiji, providing safe, effective and profitable business services to all our stakeholders.
“We warmly welcome Mr Korosaya to the Yatu Lau family and look forward to a successful journey ahead.”
Mr Korosaya replaces outgoing CEO Ana Delailomaloma who had led the company in the last three years.
In the meantime, YLCL chief financial officer Indika Weerasekara will act as the CEO until Mr Korosaya assumes the CEO position on February 12.
