DistantNews
Support us
🇫🇯 Fiji /Economy & Trade

BSP Life Marks 150 Years, Eyes Future Through Technology and Service Evolution

From FBC News · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • BSP Life, Fiji's oldest company, celebrated 150 years of operations by emphasizing the need for technological advancement and personalized customer service.
  • Group CEO and Chairman Mark Robinson highlighted the company's investment in technology and strengthening capabilities to adapt to the rapidly changing financial sector.
  • Prime Minister Sitiveni Rabuka acknowledged BSP Life's significant contribution to Fiji's economic development, financial inclusion, and its role as a major institutional investor.

BSP Life, Fiji's oldest financial institution, marked its 150th anniversary by underscoring the necessity of continuous evolution to meet customer demands for faster, simpler, and more personalized services. Group CEO and Chairman Mark Robinson stated that the company is actively investing in technology and enhancing its capabilities to navigate the rapidly transforming financial services landscape.

We are investing in technology, strengthening our capabilities, optimising our Group strength and building for the future, whilst remaining true to the values that have earned the trust of customers for generations.

— Mark RobinsonGroup CEO and Chairman Mark Robinson discussed BSP Life's strategy for adapting to the changing financial sector.

Robinson emphasized that this focus on innovation, alongside optimizing group strength and building for the future, remains true to the core values that have fostered customer trust over generations. He noted that BSP Life's expansion into Papua New Guinea through BSP Life PNG signifies its growing regional presence.

BSP Life’s contribution goes beyond financial services, with the company playing a role in supporting Fiji’s economic development.

— Sitiveni RabukaPrime Minister Sitiveni Rabuka praised BSP Life's broader impact on the Fijian economy.

Officiating the celebration, Prime Minister Sitiveni Rabuka commended BSP Life's impact beyond financial services, highlighting its role in supporting Fiji's economic development. He pointed to the company's contributions to financial inclusion, job creation, and long-term economic growth. Rabuka also recognized BSP Life as Fiji's second-largest institutional investor, responsible for channeling local savings into productive investments, and noted the significant growth of its investment portfolio from $1 billion to nearly $2 billion.

He highlighted BSP Life’s position as Fiji’s second-largest institutional investor, saying the company has helped channel local savings into productive investments.

— Sitiveni RabukaPrime Minister Sitiveni Rabuka commented on BSP Life's role in the Fijian investment landscape.

The Prime Minister further acknowledged BSP Life's Healthy Choices Wellness Program for its efforts in promoting healthier lifestyles and combating Non-Communicable Diseases. He asserted that strong communities are built upon both financial security and overall well-being. As part of the anniversary, BSP Life donated $150,000 to the Fiji Wellness Coalition to support community well-being initiatives.

He says strong communities depend on financial security and overall wellbeing.

— Sitiveni RabukaPrime Minister Sitiveni Rabuka linked financial security and well-being to community strength.
DistantNews Editorial

Originally published by FBC News in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog