Thursday 3rd August 2023 Apia Samoa. Cabinet has on Wednesday approved the recommendation of the Recruitment and Selection interview panel to reappoint Tuifa’asisina Sieni Tualega-Voorwinden to the position of Chief Executive Officer of the Samoa International Finance Authority.
This will be Tuifa’asisina’s second term in office, and the current appointment is for a further three years.
A lawyer by profession, Tuifa’asisina holds the degrees of Bachelor of Arts and Bachelor of Laws from Auckland University.
Tuifa’asisina had previously served the Samoa International Finance Authority as an ACEO for Registration and Legal. A position she had held for six years.
In New Zealand, Tuifa’asisina had held the position of Manager of Operations and Responses for Cause Collective New Zealand – a Pacific social change agency based in Auckland.
Mrs. Sieni Tualega–Voorwinden hails from Falelatai and is the daughter of Situli Tualega and the late Malaetele Ve’a Tualega.
SIFA was established in May 2005 after the enactment of the Samoa International Finance Authority Act 2005.
The present structure of the Authority is governed by a Board of Directors. There are currently six (6) Board of Directors which includes two (2) ex officio members who are the Chief Executive Officers of the Ministry of Finance and SIFA.
Functions of SIFA
- To monitor and supervise the conduct of international financial services provided within Samoa.
- To protect and maintain the good repute of Samoa as a centre for international financial services.
- To promote Samoa as a centre for international financial services.
- To make recommendations for the creation and improvement of any facilities likely to enhance the attraction of Samoa as a centre for international financial services.
- To be responsible for the general administration of international financial services legislation and for the collection of all fees, charges and other receives thereunder.
- To make recommendations for the introduction, amendment, or replacement of legislation pertaining to international financial services, companies and other forms of business structures
- To develop national objectives, policies, and priorities for the orderly administration of international financial services in Samoa.
- To ensure coordination and cooperation between the public sector agencies, private corporations and non-governmental organisations concerned in any way with international financial services.
