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ADFIP Elects New Board and Trustees to Strengthen Pacific Development Finance
Thursday, December 11 2025
Event Date: November 28, 2025
Nadi, Fiji, November 28, 2025 – The Association of Development Financing Institutions in the Pacific (ADFIP) has appointed a new Board and Trustees following its 2025 Annual General Meeting (AGM), ushering in a renewed era of regional cooperation, institutional governance, and inclusive and sustainable development finance across the Pacific. The AGM highlighted ADFIP’s ongoing commitment to supporting national development banks, housing institutions, and credit unions through knowledge sharing, capacity building, and financial inclusion initiatives.
The newly elected ADFIP Board includes Jennifer Henry, Chairperson and CEO of the Bank of Cook Islands; Temukisa Pesega, Secretary and CEO of the Development Bank of Tuvalu; Filimone Waqabaca, Treasurer and CEO of the Fiji Development Bank and Trustee of the ADFIP Trust; Anna Mendiola, Board Member and CEO of FSM Development Bank and Trustee of the ADFIP Trust; and Muā’autau Raie Silipa, Board Member and CEO of the Development Bank of Samoa. Dwight Heine of the Marshall Islands Development Bank also joins the ADFIP Trust as a Trustee.
With support from the Global Green Growth Institute (GGGI) acting as Interim Secretariat under the Greening the Pacific Financial Systems (GPFS) programme funded by the Agence Française de Développement (AFD), ADFIP has strengthened its governance structures and reaffirmed its mandate to enhance development finance capacity across the region. The revitalised leadership is expected to guide deeper collaboration among members, improve financial resilience, and expand access to climate-aligned and sustainable development finance.
The AGM reaffirmed ADFIP’s role as a regional platform for cooperation, knowledge exchange, and financial sector capability development. Members highlighted the importance of closer coordination, shared learning, and strengthened institutional governance to support resilient and inclusive economic development across Pacific communities. Looking ahead to 2026, ADFIP plans to launch a webinar series, targeted capacity-building programs, and enhanced digital engagement, reinforcing a strong community of practice for Pacific development finance institutions.
The new Board and Trustees are now tasked with leading ADFIP through the next phase of institutional strengthening, member engagement, and financial stewardship, ensuring that Pacific development finance institutions are equipped to meet emerging challenges and opportunities in the region.
