Established
in 1984, the Central Bank of Samoa was first headed by Mr. W.E.
Davies; (seconded from the Reserve Bank of Australia) under
International Monetary Fund funding. Mr. Davies left Samoa in early
1987 to be replaced by Mr. J.A. Howard of the Bank of England, also
funded by the International Monetary Fund (IMF) Mr. Scanlan joined
the Central Bank (from Treasury) in late 1984, as Assistant Manager
of the Bank's International Department. Prior to that, he was a
Project Officer for the South Pacific Bureau for Economic
Cooperation (SPEC), now the Forum Secretariat, in Suva Fiji from
1981-1984.Mr. Scanlan took
over (from a Pakistani national) as Manager of the International
Department in 1987 and was appointed to the post of Deputy Chief
Executive in November 1988.
In April 1989, Mr. Papali'i T.
Scanlan became the first Samoan to be appointed as Chief Executive
of the Central Bank of Samoa on the completion of Mr. Howard's
contract. And, following amendment of the Central Bank Act 1984, Mr
Scanlan became Governor and Chairman of the Bank's Board in 2001.
Now Mr. Scanlan has served with the
Central Bank of Samoa for 18 years with 14 years as Chief Executive
of the Bank.
Mr. Scanlan graduated in 1977 with a
Bachelor of Science Degree in Economics from Canterbury University,
Christchurch, New Zealand.
Mr. Scanlan is married with 6
children. His main hobbies are tennis, golf and rugby.
The following Chart "Central Bank
Structure" gives the organizational structure of the Central Bank at
the end of June 2003.