The ADFIAP Board has elected Mr. Fuimaono Falefa Lima, General Manager of the Development Bank of Samoa, as the new ADFIAP Chairman upon the decision of Ambassador Jesus P. Tambunting to stand down as ADFIAP Chairman after serving the Board for four years. Mr. Lima, the most senior Board Member, joined the ADFIAP Board of Directors in 1992 and was elected Vice Chairman in 2003. Under the Constitution, the ADFIAP Chairman has a term of office of two years, with re-election permitted to the same office for another term of office, or a total of four years.
Mr. Lima is a graduate of BA (Economics) from the University of the South Pacific in Fiji in 1975 and M.A. in Development Banking from the American University in Washington, DC in 1991. He joined the Development Bank of Samoa in 1975 as Loan Officer. He was promoted to several Senior and Management positions within the bank subsequently. His dedication earned him to the position of Assistant General Manager of Finance Administration and Development Department in 1985 and appointed as General Manager of the Bank in 1992.
He has attended several development banking and project investment promotion training conducted by ADFIAP and the Asian Development Bank (ADB). He was among the participants of ADFIAP’s First Executive Development Programme held in early 1980’s.
Mr. Lima is presently the Chairman of the Association of Development Financing Institutions in the Pacific (ADFIP).