The Fiji Development Bank (FDB) board has appointed Saud Minam as the Chief Executive Officer (CEO) effective from today, July 16, 2021.
According to a statement from the bank, Mr Minam brings with him more than 25 years of local and international banking and senior leadership experience.
FDB Board Chairperson Andre Viljoen said Mr Minam’s wide-ranging experience in commercial and consumer banking, along with his accomplishments in various roles in Fiji and developing economies made him the successful candidate for the CEO role.
“The Board was looking for an experienced leader who would be able to balance FDB’s dual responsibilities of strong Micro, Small, Medium Enterprises (MSMEs) sector development and sustainable financial growth,” Mr Viljoen said.
“It is in the national interest to meet MSME growth objectives, particularly at the present time where the COVID-19 Pandemic has negatively impacted our development sectors.
“Saud’s strong leadership skills and commitment to innovation will be key towards the recovery of the agriculture, manufacturing, professional services and other sectors through development finance and access to capital.”
*More details on this story will be published in tomorrow’s edition of The Fiji Times.