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Title shift raises fresh questions
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FBC News
Sun Insurance has described Mohammed Nouzab Fareed as a consultant in a new market announcement, despite previously announcing his appointment as Chief Transformation Officer in 2025.
The clarification comes just days after Fareed was found guilty on two counts of indecent assault by the Suva Magistrates Court.
In a market announcement, Sun Insurance said Fareed had been engaged as Chief Transformation Consultant for a 20-month assignment, which has now concluded.
In response to questions from FBC News, Sun Insurance did not directly address whether Fareed had served as Chief Transformation Officer or Chief Transformation Consultant, instead referring reporters to its market announcement.
Sun Insurance says it remains committed to strong corporate governance practices, prudent financial management and delivering long-term value to shareholders.