CQUniversity MBA graduate Vereimi Levula has been appointed as the Chief Manager of the Financial Systems Development and Compliance Group within the Reserve Bank of Fiji.

Mr Levula, who gained his CQUni degree in 1993, had been acting in this position since February 7, 2011.

Vereimi Levula

He joined the bank in 1989 as the Senior Insurance Technical Officer and was later promoted to the position of Assistant General Manager in the Capital Markets Division. He assumed the role of Manager Domestic Markets in 1998 and later became the Manager Insurance Supervision in the Financial Institutions Group.

In 2008, Mr Levula was appointed as the Adviser Financial Supervision and Policy and, in 2009, he became Manager Financial Systems Compliance.

Mr Levula is a Fellow of the Chartered Insurance Institute in London and a Chartered Insurance Practitioner and holds a Diploma in Insurance and Insurance Management from the United Kingdom.

In announcing the appointment with effect from January 1, the Governor, Barry Whiteside said that given the challenging and ever-growing role of the Reserve Bank in new areas such as financial inclusion and the continuing importance of capital markets development, the bank was pleased to have filled this position.