BRED Bank (Fiji) Limited with the Reserve Bank of Fiji is pleased to an­nounce the promotion of its two sen­ior executives to the post of Deputy Chief Ex­ecutive Officers. Rajesh Kumar is appointed Deputy CEO and Head of Business Develop­ment and Olivier Baur is appointed Deputy CEO and Head of Operations.

The announcement, by BRED Bank Fiji Chief Executive Officer,Frederic Reynaud, is in-line with the Bank’s strategy and the pur­pose of these appointments is to achieve the greatest amount of synergies throughout the Bank. BRED Bank Fiji believes in promoting from within and developing its entire work­force, including the leadership.

Prior to his appointment as Deputy CEO and Head of Business Development, Mr Ku­mar, who joined BRED Bank Fiji in March 2015, was the Head of Corporate Banking. He has more than two decades of experience in the financial and banking sector, both locally and internationally.

He has held other senior positions with an international Bank. Since joining Bred Bank Fiji he has significantly contributed towards the Bank’s business growth and overall de­velopment. With his broader networking and business relationships, he is given this op­portunity to take the Fiji business forward.

Prior to his appointment as Deputy CEO and Head of Operations, Mr Baur, who joined BRED Bank Fiji in October 2016, was the Chief Operating Officer.

He has more than 10 years of banking and finance experience internationally and has held other senior positions in four different countries in Europe and Africa with a ma­jor international Bank; he has significantly implemented efficiencies within the overall operations of BRED Bank Fiji.

With his great skills, experience and knowl­edge, he is given this opportunity to take the Bank forward in terms of its Operational and Support Services to the Sales Team.

Mr Frederic Reynaud congratulated Mr Kumar and Mr Baur and wished them both continued success in helping lead the Bank to further growth. “This is an exciting time for BRED Bank Fiji as we work to continu­ally grow the Bank and prepare for future opportunities,” said Mr Reynaud.

“Our continued success as an organisation is determined, to a very large extent, by the quality of our people and I am pleased to note that we have such remarkable talents on board, at all levels, helping lead the way forward,” he said.

“The promotions of both Rajesh and Olivier to the key posts of Deputy Chief Executive Officers, reflects the tremendous contribu­tions they have already made to BRED Bank Fiji’s success as well as to the increasingly important roles they will play in future,” said Mr Reynaud.

“I am grateful for their support and valu­able contributions over the years, and am confident that their contributions will con­tinue to increase in execution of the Bank’s strategy,” he added.

Bred Bank of Fiji

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