Ronesh Dayal appointed to top finance position at BSP

A Fijian has been appointed to be Bank South Pacific's Group Chief Financial Officer.

Ronesh Dayal will take up the position from 1st June 2020 and will oversee BSP’s Finance and Planning operations for the Group which includes commercial banking and financial services, funds management, and life business entities throughout Papua New Guinea and the Asia Pacific Region.

In a statement this afternoon, the BSP Board confirmed the appointment saying Dayal currently holds the position of Chief Financial Officer in PNG.

Dayal succeeds Eddie Ruha who has decided to retire to spend more time with his family in New Zealand.

BSP Group Chief Executive Officer Robin Fleming says Dayal is an experienced and detail-oriented Chief Financial Officer, with over 15 years of experience in the financial services industry, having worked in Fiji and PNG.

Fleming says his wealth of experience and leadership capabilities has seen him advance rapidly into management positions.

In 2010, at the age of 28, Dayal stamped his mark by becoming the first local appointed to the post of Chief Financial Officer for BSP Fiji.

He says Dayal progressed rapidly into executive roles within BSP, first in Fiji then as the Deputy CFO- BSP (PNG) position in 2014 and eventually CFO – PNG Bank in 2017.

The BSP Group CEO went on to say that Dayal has achieved a number of accomplishments during his finance career and demonstrated his strong leadership abilities positively in his previous positions.

Dayal is also the current President of CPA Australia - PNG Branch and acts as a mentor to a number of BSP’s Leadership and Management Development program participants.

Fiji Country Head Haroon Ali says the BSP Fiji family is extremely delighted and very proud of Dayal’s promotion to a senior group executive.

He says this appointment further demonstrates the Group’s strong commitment to promote internal and local talents.