BSP Life New Managing Director

Date: 14/09/2018

The Chief Executive Officer of the Bank of South Pacific Group, Mr Robin Fleming, has announced the appointment of Mr Michael Nacola as the new Managing Director BSP Life to succeed Mr Malakai Naiyaga from 1 January, 2019. 

Mr Nacola is a member of the BSP Life executive team and currently holds the position of General Manager Distribution and Marketing, a position he has held for the past 7 years. Mr Nacola has held various management and executive positions prior to joining BSP Life and has completed the BSP Group's Leadership Development Senior Leaders program. Mr Nacola holds a Bachelor of Management Studies (Hons) and a Master of Management Studies from the University of Waikato, New Zealand.

In making the announcement Mr Fleming thanked Mr Naiyaga for his contribution to BSP in Fiji. "We are very grateful for Malakai's sound leadership and immense contribution to the business which he has steered in a time of change and growth. We have been very pleased with its business performance since we took over in December 2009".

Mr Fleming expressed confidence in Mr Nacola's abilities to continue the growth course of BSP Life. He assured staff and customers of a smooth transition process.

The transition of leadership from Mr Naiyaga to Mr Nacola will commence immediately with Mr Naiyaga finishing off at the end of January 2019.

Mr Naiyaga will remain involved with the BSP Group assisting in some of its strategic initiatives and will continue to sit on BSP Life's subsidery boards. Mr Naiyaga congratulated Mr Nacola on his appointment. "I am pleased that we have been able to train and promote from within our business for the Managing Director role. This is a positive result of an internal strategic HR program."

"I have been extremely happy with the performance of our businesses in the last 8 years. I credit this performance to our people, the Executive Team, our dedicated Managers, Staff and Advisors who have worked diligently to produce both growth and financial performance during that period. I have every confidence that Michael will continue to maintain that."

"I also wish to thank our customers who have supported BSP Life; who have placed their confidence and trust in our business and have grown with us".