Ref: 01/10/08 Chand is new FNPF Board Chairman

The Permanent Secretary for the Office of the Prime Minister, Mr Parmesh Chand, is the new Chairman of the Fiji National Provident Fund Board.

The appointment was formalized earlier this week by the Acting Minister of Finance and Prime Minister, Commodore Josaia Voreqe Bainimarama.

He replaces the Permanent Secretary for Labour, Industrial Relations & Employment, Mr. Taito Waqa, who continues to serve on the Board.

Mr Chand said he was mindful of the important role the Board played in the management of members’ savings.

He said he would uphold the Board’s trusteeship duties which required exercising the highest degree of fiduciary care in the management and investment of the members’ savings.

Before joining the PM’s Office, Mr Chand was the Chief Executive Officer of the Ministry of Public Enterprises and Public Sector Reforms. He also served as Trade Commissioner for the Pacific Islands Trade and Investment Commission based in Auckland, New Zealand for six years.

Prior to this appointment Mr Chand was the Deputy CEO of the Fiji Trade Investment Board. He has also worked at the Pacific Islands Forum Secretariat, National Bank of Fiji and Colonia Mutual Life Assurance Society.

He holds a Bachelor of Arts degree from the University of the South Pacific and a Masters Degree in Economics from the University of Queensland in Australia.

For more information: please contact
Wainikiti Bogidrau on
3238-459 or 9999-104