BY CHRIS ALEX

Dr Luke Forau has been reappointed as the Governor of Central Bank for another six years.

This decision was made by the board and management of the Central Bank (CBSI) and the Finance Ministry (MoFT) and is effective October 1, 2025, a statement by CBSI yesterday said.

As stated, this decision reflects the Government’s continued confidence in Governor Forau’s leadership, integrity, and commitment to maintain monetary stability, promote financial sector development, and support inclusive economic growth in the Solomon Islands.

Minister of Finance and Treasury, Trevor Manemahaga, said Governor Forau has demonstrated exceptional stewardship of the Central Bank during a period of global and domestic economic challenges.

“His re-appointment ensures continuity in our financial governance and supports our shared vision for a resilient and prosperous Solomon Islands,” he added.

Forau expressed his gratitude for the trust placed in him.

“I am honoured to continue serving the people of Solomon Islands in this capacity. CBSI remains committed to its mandate of maintaining price stability, promoting financial inclusion, and supporting sustainable economic development,” he said.

During his previous term, Forau led key reforms in financial regulation, digital payments, and macroeconomic policy coordination, the CBSI statement said.

His leadership has been instrumental in strengthening the country’s economic resilience and enhancing transparency in the banking sector.

The Board and Management of the Central Bank reaffirm their commitment to working collaboratively with the Government to advance the nation’s economic priorities and ensure sound financial management.

Photo: Supplied

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