Raw Fiji News

FHL loses its key RB Patel executive Jaoji Koroi

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FHL and Sereana Qoro’s Public Relations machine is throttling on full gear as they count down to their AGM this afternoon.

It’s expected to be a heated AGM with some no-nonsense shareholders predicted to nail FHL board on their thrift spending bad habits.

FHL Chairman Isoa Kaloumaira and its CEO Sereana Qoro are  repeating old boring statements about their record profit performance financed mostly by the sale of their Fosters shares.

Sereana has even announced their FHL board decision to acquire management contract of supermarket giant RB Patel Group.

But latest news to hand reveal that FHL’s key man at RB Patel, Jaoji Koroi, who was on secondment to the supermarket chain to understudy  secrets behind the success of RB Patel is leaving.

Sources say Jaoji, who is the only FHL full-time staff at RB Patel have accepted an offer to be FNPF’s new Chief Investment Officer.

So who is Sereana depending on to watch over FHL’s interest at RB Patel Group?

The gujarati Patel will run rings over Sereana and her FHL team who know sweet eff all about retailing.

Or perhaps Sereana wants full control of RB Patel where she can cash her post-dated cheques.

Expect RB Patel’s performance to fall!

Written by rawfijinews

October 29, 2009 at 9:50 pm

Posted in Uncategorized

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