Ref: 1812/08b FNPF Appoints Two Executives

The Fiji National Provident Fund has appointed Mr Dominic Mobbs as Chief Investment Officer and Mr Ambrish Kumar Gupta as Chief Financial Officer.

FNPF Chief Executive Officer Mr Aisake Taito said the appointments were part of capacity building and institutional strengthening of the Fund’s financial and investment divisions.

Mr Mobbs has an accounting, finance, investment banking and capital project management career based in Sydney – with international chartered accounting firm, Arthur Andersen & Co. and then with Partnership Pacific Ltd., Bain & Company and Deutsche Bank Australia.

During this period he was exposed to credit departments, treasury, corporate and structured finance.

“His well-rounded technical knowledge not only of securities markets but of business and finance, accounting, law, project management and implementation will enable him to assist FNPF and contribute to the executive-management team not just with specific investment issues but also general strategic planning,” Mr Taito said.

“The Fund under the new CEO is reinvigorating and I think we have some exciting things ahead of us,” Mr Mobbs said.

Mr Ambrish Kumar Gupta, originally from New Delhi, India, is a specialist in various areas including strategic financial planning, project evaluation and management, fund sourcing and budgetary control, accounts and costings, and auditing/taxation.

Mr Gupta has 28 years of experience in his field, of which seven years were in overseas contracts and 14 years in the banking industry

“I want full transparency in each transaction in the Fund and I want to see service standards for members being implemented and adhered to,” Mr Gupta said.

Mr Taito said the Fund is fortunate to have someone of Mr Gupta’s calibre join its dynamic team and his experience will assist the Fund in the prudential supervision and reporting of members’ funds.

For more information:
Please contact Wainikiti Bogidrau on
323 8459 or 999 8104.