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Personal Profile

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Savenaca Narube

Principal

Savenaca or Save as he is known to many people was the Governor of the Reserve Bank of Fiji for 9 years and Permanent Secretary in the Ministry of Finance for 4 years. He has worked both at the International Monetary Fund (IMF) and the World Bank in Washington DC.

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He was the Chairman of the Reserve Bank of Fiji, Fiji National Provident Fund (FNPF), FINTEL, Fiji School of Medicine (FSM), Fiji Revenue and Customs Authority (FRCA), the Fiji Reinsurance Corporation of Fiji and the Rakavi Trust of Fiji. Save was also the Director of the Fiji Sugar Corporation (FSC), Amalgamated Telecom Holdings (ATH), Telecom Fiji Limited (TFL) and Fiji Electricity Authority (FEA). He was the Alternate Governor for Fiji at both the IMF and the Asian Development Bank. He is currently a Trustee of the Fiji Rugby Union.

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Save is a public finance expert, macroeconomist and policy strategist having worked extensively in the Pacific in the last 40 years. Since leaving the Reserve Bank of Fiji in 2009, Save has worked as a policy adviser in the Pacific in the areas of public financial management, monetary and financial policies and organizational change.

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WORK HISTORY

2009 - Present

2013 - Present

International Monetary Fund (IMF)

2013 - 2017

Department of Foreign Affairs and Trade Australia

2015 - 2017

World Bank

2009 - 2017

Asia Development Bank (ADB)

2000 - 2009

Reserve Bank of Fiji

1997 - 2000

Government of Fiji

1994 - 1997

Reserve Bank of Fiji

1992 - 1994

International Monetary Fund (IMF)

1991 - 1992

World Bank

Consultant in the Pacific Region

Expert of the Fiscal Affairs Department

Advisory Panel Member

Consultant

  • Provided exoertise as a consultant on the Pacific Catastrophe Assurance and Financing Intitative (PCRAFI)

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Consultant for the Pacific Economic Management Technical Assistance

  • Led a team of experienced international experts in assisting member countries in the Pacific in macroeconomic policy advice, public financial management including SOEs and policy coordination

  • Provided economic management advice and mentoring to countries in the Pacific Region

  • Economic analysis and research

  • Fielded missions to almost all Pacific Island countries

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Governor

  • The Governor is the Chief Executive Officer and the Chairman of the Board

  • Responsible for the overall strategy, policy, and administration of the central bank

  • Chief financial and economic adviser to the Government of Fiji

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Permanent Secretary for Finance

  • Provided advice to the Minister for Finance in the budget, financial management and fiscal policies of the country. Responsible for the overall strategy, policy and administration of the ministry.

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General Manager Policy and Senior General Manager Policy and Markets

  • Responsibilities of the positions included policy development and advice, research and analysis, open market operations, foreign reserve management and exchange control administration.

  • Responsible for the administration of the Ministry and its many deparments

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Assistant to the Executive Director

  • The duties included advising the Executive Directors on Board discussions, preparing Board statements, making Board interventions, discussions with Management and liaisons with members' Capitals

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Assistant to the Executive Director

  • The duties included advising the Executive Directors on Board discussions, preparing Board statements, making Board interventions, discussions with Management and liaisons with members' Capitals

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Education

University of New South Wales, Australia

Master of Commerce with Honours

University of Canterbury, New Zealand

Bachelor of Commerce

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