Under the Financial Institutions Act, there should be five (5) voting members on the PFSR Governing Board of Commissioners appointed by the President of the Republic of Palau with the consent of the Senate.  And a sixth (6th) member, an ex-officio, or a non-voting member, who is by law the President of the National Development Bank of Palau. There are currently only four (4) voting members on the Board with one seat vacant.

The current Governing Board members are:

Ms. Eden Fesahaye

Chairperson

Eden Fesahaye was appointed to the Board on October 17, 2013. She is Sole Proprietor of JK & Associates, a marketing consultancy. Eden is co-founder of the Palau Legacy Project and the internationally acclaimed and award-winning Palau Pledge.  Ms. Eden was a Pew Charitable Trusts consultant and adviser who directed the Pew Bertarelli Ocean Legacy Project in Palau resulting in the Palau National Marine Sanctuary Campaign which was signed into law in 2015. She served as an executive director of the Palau Chamber of Commerce from 2011 to 2016 and has more than two decades of strategic marketing and project management experience in New York, Guam and Palau.

She has served as a Board Director of the Friends of the Palau National Marine Sanctuary since 2016 and has served on numerous other boards, including Palau Community Action Agency, Belau Tourism Association, Vice Chairman of the Palau Public Utilities Corporation, President of the Palau Chamber of Commerce, Palau Sport Fishing Association, and Financial Women’s Association among others. Previous to living in Palau Eden worked for TD Bank Financial Group in New York. Ms. Eden has a bachelor’s degree in economics and political science from Santa Clara University in California. 

 

Ms. Miniya Yonatan

Vice Chair

Ms. Miniya Yonatan was appointed to the Board on October 30, 2018. Ms. Miniya has served as Senior Legal Researcher and Committee Advisor for the House of Delegates since October 2013, for the 9th and 10th Palau National Congress, and she also served as Committee Assistant to the Senate Ways, Means & Financial Matters Committee in the 8th Palau National Congress. She served as Adviser/Fellow on Oceans and Seas to the Palau Mission to the United Nations in New York from January to December 2016. She has been involved in numerous volunteer work, including Utah Food Bank (2005-2009), Barack Obama Colorado & Utah Presidential Campaign (2008), Seattle, WA Food Lifeline (2008), ROOTS Youth Homeless Overnight Shelter (2008), Palau National Youth Council (2010 to present), Ngchesar Youth Organization (2010 – present), and Read to lead Project (2015) among others. Ms. Miniya is co-founder of Pacific Islander Student Outreach (2008-2009) and a Generation 2 Fellow of the Pacific Islands Leadership Program at East-West Center, Hawaii (2014). She holds a Bachelor of Science degree in International Studies with focus on Global Studies – Terrorism and Security and a Master of Arts degree in Asia-Pacific Studies with focus on China Studies.

 

Mr. Temesgen Habte

Member

Mr. Temesgen Habte was appointed to the Board on October 10, 2018. Mr. Temesgen has served as the Director of the Bureau of Tourism, Ministry of Natural Resources, Environment, and Tourism since June 2018. He previously worked as Ngardok Nature Reserve Program Manager from 2013 to 2017 and Commercial Loan Analyst for the National Development Bank of Palau from March 2013 to 2014. He has extensive knowledge in conservation and is very active in the development of local culture, tradition, education and economy. Mr. Temesgen holds a Bachelor of Science degree in International Business and Management.

 

Ms. Jamila Futsum

Member

Ms. Jamila Futsum was appointed to the Board on October 30, 2018. Ms. Jamila has served as Senior Legal Researcher and Committee Advisor for the House of Delegates since October 2013, for the 9th and 10th Palau National Congress, and she also served as Committee Assistant to the Senate Ways, Means & Financial Matters Committee in the 8th Palau National Congress. She served as Adviser/Fellow on Oceans and Seas to the Palau Mission to the United Nations in New York from January to December 2016. She has been involved in numerous volunteer work, including Utah Food Bank (2005-2009), Barack Obama Colorado & Utah Presidential Campaign (2008), Seattle, WA Food Lifeline (2008), ROOTS Youth Homeless Overnight Shelter (2008), Palau National Youth Council (2010 to present), Ngchesar Youth Organization (2010 – present), and Read to lead Project (2015) among others. Ms. Jamila is co-founder of Pacific Islander Student Outreach (2008-2009) and a Generation 2 Fellow of the Pacific Islands Leadership Program at East-West Center, Hawaii (2014). She holds a Bachelor of Science degree in International Studies with focus on Global Studies – Terrorism and Security and a Master of Arts degree in Asia-Pacific Studies with focus on China Studies.

 

Mr. Dahlak Michael

Member

Mr. Dahlak Michael was appointed to the Board on January 22, 2019. Mr. Dahlak is a prominent businessman who is a proprietor of Galaxy Group, Inc. and its subsidiaries involved in construction, professional engineering consultation and services, import/export of goods and services to name a few. He is also a certified and licensed insurance agent. He has served as Palau Community College Business Instructor since 2006 teaching economics, finance, accounting, math/statistics, business management, and marketing. Mr. Dahlak holds Bachelor of Business Administration Degree in Finance/Economics.

 

Ms. Martha Medhanie

Ex-Officio Member

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