Viliame Vodonaivalu has been appointed as the Acting Chief Executive Officer of FNPF while Pravinesh Singh has been confirmed as Chief Operating Officer.
Pravinesh Singh.
Vodonaivalu holds a Master of Applied Finance from the University of Melbourne and prior to joining FNPF in July 2017, he was the Director Fund Management and Acting CEO for Vanuatu Provident Fund.
He was previously a staff of FNPF from 2006 to 2008 where he held the post of Deputy Chief Investment Officer and CEO for Natadola Bay Resort Limited, a wholly owned subsidiary of FNPF.
FNPF Board Chairman, Daksesh Patel says Vodonaivalu was influential in successfully closing major investment deals including the acquisition of Sheraton Group of Hotels and shares in BSP Bank, PNG.
He says during Vodonaivalu’s tenure as Chief Investment Officer, the Fund attained the highest levels ever of growth in investment portfolio averaging 11.5% totaling $2.8 billion, with a total investment income of $1.97 billion.
Singh has post-graduate qualifications in Professional Accounting from the University of the South Pacific and joined the Fund in 2009 as Manager Finance and was appointed to the role of Chief Financial Officer in 2012. He has acted as Chief Operating Officer since July 2020.
