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The chief executive officer of HFC Finance has been appointed chairman for the Finance Companies Association, comprising licensed credit institutions in the country.
The appointment for 12-months was announced at the association's annual general meeting held in Suva at the weekend.
Keshwan replaces Merchant Finance and Investment Company Ltd CEO Pramesh Sharma whose term expired this year.
Keshwan has an extensive background and experience in the banking and finance industry of more than 23 years.
FCA is made up of credit institutions licensed by the Reserve Bank of Fiji and its current membership includes HFC Finance, Credit Corporation and Merchant Finance.
In taking up his appointment, Keshwan acknowledged Sharma's leadership in the past 12 months.
He said he looked forward to working with the association members on a number of issues on the association's agenda in the best interest of all stakeholders.
"Our ultimate objective is to contribute towards a sound platform for the development of Fiji's financial system and at the same time provides our customers with a diversified range and best possible financial solutions" said Keshwan.
Outgoing chairman Sharma said the association had made good progress on a number of important issues last year that included effective contribution to RBF on some key regulatory matters.
He signalled a few including: Financial Transaction Reporting (FIU), Fit & Proper Policy and Corporate Governance policies, as well as creating customer awareness on non-licensed finance companies.
Sharma said the association was keeping a close watch on both the domestic and global economic developments that could potentially impact on the overall credit risk profile, as well as the increasing number of regulations that govern licensed credit institutions.
