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Values Matter In New Role: Krishika

Krishika Narayan believes that perseverance and passion matters in life. It matters even more now as the chief executive officer of the South Pacific Stock Exchange, the only licensed securities
05 Aug 2017 11:26
Values Matter In New Role: Krishika
Confirmed as CEO for South Pacific Stock Exchange, Krishika Narayan.

Krishika Narayan believes that perseverance and passion matters in life.

It matters even more now as the chief executive officer of the South Pacific Stock Exchange, the only licensed securities exchange in the South Pacific.

Ms Narayan was appointed on July 18, 2017.

She had been acting in the position for five months following the resignation of the former CEO Latileta Qoro.

Ms Narayan is responsible for driving the strategic direction of the organisation and overseeing the day to day operations and financial management of SPSE. She reports to the SPSE Board of Directors.

More importantly Ms Narayan is to ensure the of long term sustainability of the organisation by identifying new business opportunities.

The 31-year-old executive shares her story with us.

 

 

  1. Tell us about your upbringing. What are some values/principles that has helped you in your career?

I was born in Sigatoka but spent only the first four years of my life there and then my family moved to Lautoka where I was brought up.

I am the younger of two siblings and the only daughter. I completed high school in 2004 at Natabua High School.

I have always based my life on two values – perseverance in and passion for the work I do and faith in god.

 

  1. Were you employed elsewhere before joining SPSE. Please elaborate on lessons learnt before joining SPSE?

No, actually SPSE is where I started my career in April 2009 as the Research and Compliance Officer.

This was straight after I completed my law degree from The University of the South Pacific in 2008.

 

  1. How has your Bachelors of Law degree helped you in your current role? What do you think are some of your strengths?

Education plays a vital role in career development and it has been the same for me. My law degree has played a substantial role in elevating my career to my current role.

It is my background in legal studies that led to my assumption of the Company Secretary role for SPSE in August 2011.

I was then promoted to Manager Legal and Compliance in July 2013, a position that I held until I was confirmed as Acting CEO for the SPSE in February this year.

While education and substantial work experience at SPSE would constitute as my main strengths, it is also important to highlight that I have the privilege of working with a young and dynamic team at SPSE and in particular the fact that I have worked with some of the team members for many years now.   

 

  1. Are you pursuing any other studies at the moment? How important is education/training for leaders?

Continuing education and training is very important for leaders and this is definitely in my plans.

I am currently participating in the “Women in Leadership” training programme that the SPSE is hosting in conjunction with Asian Development Bank’s Pacific Private Sector Development Initiative.

The last session of the programme will be held in November this year.

Apart from that, I want to focus all my energies on establishing myself in my new role and developing the SPSE for now.

This in itself is an intensive learning environment!  Further down the track, I intend to complete my Masters in Business Administration.

 

  1. State three challenges you constantly face as a CEO and how are you dealing with them?

As the person in overall charge, you have to juggle all moving parts of the organisation.  You have to ensure that all employees and other stakeholders share a common vision in moving the organisation forward.

This is easier said than done but as I have mentioned earlier, I have the advantage of working with a young and dynamic team.

It is also easier that I have worked with them for several years; and

An equally challenging role has been motherhood! Being a working mother with two very young girls and achieving the right balance between work and motherhood is always a difficult task.

In some ways this is probably my toughest challenge but one I am so thankful for! After a hard day at work, being welcomed home by the two most adorable faces makes me realise how lucky I am.  I wouldn’t change this for anything.

 

6.Recently the SPSE held a workshop which was developed by the Exchange to address the significant gap in terms of the number of women who sit on the board in the companies listed in the SPSE. Why is it important to address this issue? What are some other major upcoming events that SPSE is currently working on?

The Women in Leadership training programme is being carried out by SPSE in collaboration with the Asian Development Bank’s (ADB’s) Private Sector Development Initiative (PSDI).

The agenda for gender diversity on Listed Company Boards has been the subject matter of on-going discussions between key stakeholders since the Exchange successfully conducted the Ring the Bell for Gender Equality panel discussion and debate to mark International Women’s Day last year. Since then, the key takings from these discussions have led to a call for action that would generate tangible progress for gender parity on corporate boards.

That call for action eventuated into this training program.

In terms of the major upcoming event, the SPSE is very pleased to announce that the SPSE Annual Awards 2017 has now been confirmed for 28th October 2017.

As we have highlighted earlier, the Awards is a total revamp of SPSE’s traditional Annual Report Competition wherein the Exchange will be handing out a total of 11 exciting awards to organisations that have taken part in the Annual Report awards as well as organisations/individuals that have made an outstanding contribution towards the development of the stock market and the capital markets as a whole.

For the Annual Report awards in particular, a total of 6 awards have been lined up for the two respective categories – listed companies category and unlisted companies category.

The Annual Report with the best ‘Design and Presentation’ and the Annual Report with the best ‘Quality Content’ would receive an award each in both categories. Additionally, based on the assessment of the Annual Reports submitted, 2 special awards (1 award for each category) would also be presented at the Awards event.

More detailed information on the marking criteria for Annual Reports is available on the SPSE website.

The Annual Report award is open (free of charge) to all organisations in Fiji that have published their 2016 or 2017 Annual Report.

You are only required to submit 7 copies of your Annual Report to SPSE. The closing date for submission of the Annual Report is 31st August 2017.

 

  1. What inspires you?

Appreciation for a job well done! If my work does not get appreciated that means I haven’t done enough. This keeps me motivated to deliver better and achieve higher.  I am also inspired by leaders and other professionals who have a track record of innovation and success.  I am thankful that in my job, I get to interact with many people who fall in this category.

 

  1. Word of Advice to young women aspiring to become leaders in their different fields?

To all the young people of Fiji: irrespective of your age, gender or creed, always strive to achieve the best, whether it be in work, family, education or some other area.  Discipline, hard work and a relentless commitment to excellence are essential ingredients for success.

It is equally important to find a career that you are passionate about and which allows you to develop and implement these ideals.

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