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
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".