The majority of staff members of the Reserve Bank of Fiji who resign are leaving for better opportunities.

This was revealed by the Bank’s Governor Barry Whiteside while making submissions before the Standing Committee on Economic Affairs in Parliament yesterday.

It was brought to light after a question on the issue was raised by Opposition Member of Parliament, Prem Singh.

Mr Whiteside said about six to eight staff resigned in a year and many had gone overseas.

“Unfortunately we can’t do anything about that even if they join any institution in Fiji, it is okay because they are using their skills which we helped them gain.

“A number of staff have gone across to the financial sector but many go overseas,” he said.

Mr Whiteside said they aimed at developing and training a professional team, they continued to place importance on the development of its staff members as it was critical in achieving their goals.

He said staff members underwent semi-annual appraisal, interviews and underwent training.

“We encourage part/full-time studies and finance salaries for several staff members a year when they go and do their masters degree,” Mr Whiteside said.

Mr Singh said it was interesting that the bank paid for their development and up-skilling.

Mr Whiteside responded they had placed bonds for training such part/full-time students, even two to three weeks courses

“We will bond the staff for relevant periods and if they want to leave they pay up their bonds,” he said.

Mr Whiteside said they concentrated on leadership training as it was important for their succession plans. Edited by Rusiate Mataika

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