Chairman of HFC Bank, Mr. Tom Ricketts has announced the resignation of Chief Executive Officer – Mr. Ross Munn. Mr. Ricketts confirms that the Board of HFC Bank has accepted his resignation effective 9th February 2017.

Mr. Ricketts also took the opportunity to thank Mr. Munn for his contribution and service to HFC Bank and wished him every success in his future endeavours.

Mr. Raj Sharma appointed as Acting Chief Executive Officer of HFC Bank

Mr. Ricketts also announced that Mr. Raj Sharma, General Manager Governance & Projects has been appointed as Acting Chief Executive Officer till further notice. Mr. Sharma has 30 years of banking experience and holds a Master of Commerce in Banking and Finance from University of the South Pacific.

HFC Bank now holds approximately 10% of market share in the Banking industry.