The Chairman of the Fiji National Provident Fund, Daksesh Patel says the Fund's Board will begin the process of finding a replacement for current CEO, Jaoji Koroi as soon as possible, given that the Fund is an important institution and the CEO’s post is critical especially during this period.
Koroi is the new Group CEO for Fijian Holdings Limited effective from March 8th, 2021.
Patel says the FNPF Board is committed to finding a suitable replacement on merit.
He says while the preference is to find a local candidate, the Board will keep its options open to ensure a suitable and qualified candidate is selected.
Patel says Koroi is an outstanding executive and this is a great loss for FNPF.
He says FHL is very fortunate to have Koroi re-joining them.
The FNPF Chairman says in his capacity as Chief Investment Officer, Koroi was instrumental in the rehabilitation of the Fund’s investments, particularly the non-performing assets and also the expansion and diversification of the Fund’s investment portfolio.
He says as CEO, Koroi’s strong leadership skills and foresight has contributed to the Fund’s overall performance and achievements.
The FNPF Board, Management and staff thanks Koroi for his immense contribution and wish him well in his new role.
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