7 Jan 2016

New head of American Samoa retirement fund appointed

9:20 am on 7 January 2016

The vice-president of American Samoa's development bank will step down to take up a new role in charge of the government employees' retirement fund.

Iaulualo Faafetai Talia is also a former vice speaker of the House of Representatives and deputy treasurer for the territory's government.

The fund's former director, Luatua Filisouaiga Taafua, was forced to take leave in July after a criminal investigation was launched into improprieties in the fund's spending.