HFC Bank has appointed Ross Munn its new CEO, following the retirement of outgoing CEO, Isikeli Tikoduadua.
The latter was at the helm of HFC since July, 2008, and oversaw its conversion from a credit institution to a commercial bank in 2014, when HFC became the first and only commercial bank to be fully locally owned.
“Mr Munn brings to HFC a breadth and depth of experience in commercial and retail banking, plus financial markets,” chairman, Tom Ricketts, noted.
Mr Munn has held senior positions with the Commonwealth Bank of Australia (CBA) in New Zealand, Australia and Vietnam, and was general manager of the Colonial National Bank in Fiji from 2005 to 2007.
Outgoing CEO, Mr Tikoduadua, retires after 40 years in the banking industry, through which he also held senior roles with international banks such as BNZ and ANZ.
HFC first opened in 1962 as Home Finance Co, with its initial core business centered on providing home lending facilities.