Fuiavailili Keniseli Lafaele has received the green light to serve as a member of the Board of Trustees of the American Samoa Government Employees Retirement Fund.
This morning he was approved by the House of Representatives by unanimous vote, 14-0.
The Senate approved his nomination earlier this week.
When Rep Ape Mike Asifoa asked the nominee about what he brings to the Retirement Fund Board and his first priority if confirmed, Fuiavailili said ensuring the security of the Fund will be a top objective; that the Fund continues to grow and be profitable for its members.
He used the Fijian National Provident Fund as an example to emulate.
He said the Fiji NPF is worth billions of dollars, it invests in Fiji the national airline, telecommunications companies and other major businesses.
Lawmakers expressed confidence that he had the expertise and experience to improve the Fund so that it doesn’t fail membera.
