Market Status:
Board of Directors

SPX Board of Directors

Mr Nitin Gandhi (Chairperson)
Appointed 27 June 2023
Mr. Nitin Gandhi is a Chartered Accountant and the former Managing Partner of PricewaterhouseCoopers, Fiji and Oceania. He is a licensed Tax Agent, a Licensed Investment Advisor, an Accredited Mediator and a member of the International Federation of Red Cross (IFRC) Audit and Risk Commission. Mr. Gandhi has over 38 years of experience working in numerous businesses in Fiji, Solomon Islands, Tonga, Australia, and New Zealand, including Taxation, Assurance, and Advisory. Mr. Gandhi has extensive experience in a variety of industries, including hotel and tourism, aviation, pine/agriculture, energy, manufacturing, financial services, and retail, and has worked through the various stages of strategic plan and policy development, training, entrepreneurship, and tax and financial literacy. Mr. Gandhi's advising experience includes tax compliance and counseling, company restructuring, investment guidance, feasibility studies, project assessments, investigation reports, share values, business acquisitions, and due diligence for a variety of customers. Mr. Gandhi has assisted the Government of Fiji in developing a structure and restructuring of various industries in Fiji, as well as being actively involved in reviewing Government policies and making submissions to the Government in order to improve Fiji's overall economic and social environment.
Mr Saiyad Hussain (Deputy Chairperson)
Appointed 14 August 2007
Mr Hussain is the General Manager Finance and Administration of the Fiji Development Bank. Mr Hussain is a Chartered Accountant by profession and is also a member of the Australian Institute of Company Directors and a Member of the Fiji Institute of Bankers. Mr Hussain has a Postgraduate Diploma in Banking and Financial Management and also holds a Bachelor of Arts Degree in Accounting and Financial Management, Economics and Public Administration and Management from The University of the South Pacific.
Ms Rowena Fong (Director)
Appointed 11 June 2018
Ms Fong is the former Chief Executive Officer of Merchant Finance Limited. She has experience in the capital markets industry particularly Unit Trusts and stockbroking, properties, and finance industry. She holds a Master’s in Business Administration from The University of the South Pacific (USP), a Graduate Certificate in Applied Finance & Investment from Financial & Securities Institute of Australasia (FINSIA) and a Bachelor of Arts majoring in Management & Public Administration and Information Systems from USP. She has also successfully completed the Australian Institute of Company Fiji Directors (AICD) Course and is a member of the AICD.
Mr Gyanesh Rueben (Executive Director)
Appointed 13 September 2019
Mr Rueben is currently the Head of Investments with BSP Life (Fiji) Limited. He has more than 17 years of professional experience in Accounting & Financial Management, Risk, Governance, Investments & Portfolio Management. Prior to joining BSP Life, Mr Rueben served with Unit Trust of Fiji (Management) Limited for 15 years as the Head of Finance & Operations and as part of Executive Management Team. Mr Rueben has a Master’s in Business Administration, Post Graduate Diploma and Degree in Commerce & Financial Management from The University of the South Pacific. He also has a Post Graduate Certificate in Applied Finance from Kaplan Professional. Mr Rueben is a senior associate with the Financial & Securities Institute of Australasia (SA-FINSIA) and is a member of the Australian Institute of Company Directors (AICD). Mr Rueben also has experience with other Board's and Board Sub-Committees.
Salvin-Nand.jpg Mr Salvin Nand (Independent Director)
Appointed 9 February 2022
Mr Nand is a registered Barrister and Solicitor in Fiji with over 11 years of legal experience with a keen interest in Intellectual Property, Competition Laws and Companies, and Securities Law. At present Mr Nand has his own Private Practice in Lautoka in the style of S NAND LAWYERS. Prior to establishing his legal practice, Mr Nand was a Senior Lecturer in Law at the University of Fiji. Mr Nand has been researching and teaching intellectual property and corporate laws in the Pacific for the past 10 years. He holds a Master of Laws in intellectual property with distinction from the Queensland University of Technology. He has a second Master of Laws degree from the Victoria University of Wellington. Mr Nand’s major research paper focused on the Regulation of Insider Trading on Stock markets. Further to legal studies, he has completed a Postgraduate Diploma in Governance and Public Policy. Mr Nand is a co-editor of the Asia-Pacific Journal of Education, Business, and Society (APJEBS). Mr Nand has published various research papers and wrote chapters in Books relating to Intellectual Property, Securities law, Public Policy, and Small to Medium Enterprises issues and has presented on his research papers at various international/local conferences.
David-Lawrence.jpg Mr David Lawrence (Director)
Appointed 25 October 2023

Mr David Lawrence is the Chairman of PNGX Group, operator of the National Stock Exchange of Papua New Guinea, and a director of the South Pacific Stock Exchange in Fiji. He has over 30 years of experience in the development, operation, supervision and governance of markets. Mr Lawrence is a director of Pacific Capital Markets Development, an Australian company committed to the development of capital markets in the Pacific region and the majority shareholder in PNGX Group, and of Catalyst Group, a new PNG-based financial and digital education, training and consulting firm. He is also the independent non-executive director of Speech Pathology Australia, the national peak body for the speech pathology profession. Mr Lawrence has consulted on financial markets in the region, including China, Papua New Guinea and Australia. He previously held senior roles in market supervision and business development at ASX for more than 20 years. He was subsequently Chief Operating Officer of the Sydney Stock Exchange responsible for operationalising the relaunch of that market and, following go-live, the oversight of market supervision. Mr Lawrence was President of the Australian Compliance Institute, the Australian peak body for compliance professionals, for 8 years and is currently based in Sydney.