In a significant move to enhance governance and operational efficiency, three parastatal companies under Suriname’s Ministry of Agriculture, Livestock, and Fisheries (LVV) have appointed new Boards of Commissioners (RvC). The Food and Agriculture Industries (FAI) N.V., Suriname American Industries Ltd (SAIL) N.V., and N.V. Suriname Zwaar Materieel (SURZWAM) saw their new RvCs officially installed by Minister Mike Noersalim on Thursday. The appointments mark a strategic effort to improve oversight and accountability within these state-owned enterprises. The newly appointed RvC for SURZWAM includes John Lecton as President-Commissioner, alongside Shyamkoemar Santoe, Albertino Resopawiro, Djoewandah Hardjomohamad, Avinash Hira, Ben Woodly, and Hendrik Setrowidjojo. Similarly, FAI’s RvC comprises Indredat Gangaram Panday as President-Commissioner, supported by Stephanie Kramawitana, Gaitrie Behari, Juan Soerotono, Robert Tembong, Wínish Imansoenadi, and Igan Atipa. SAIL’s board is led by Gordon Touw Ngie Tjouw as President-Commissioner, with members Steve Semoedi, Dimitri Tamsaran, Priya Charan, Rudy Soerodimedjo, Ivan Sancho, and Henk Lemmert. Minister Noersalim emphasized that the RvCs’ responsibilities extend beyond oversight to include conducting quick scans of each company’s financial and operational health. These audits aim to uncover irregularities and ensure transparency, particularly as Suriname prepares for increased oil production revenues. The minister highlighted that under the new Civil Code, both directors and commissioners can be held accountable for mismanagement. The quick scans are part of a broader government initiative to address financial inefficiencies and reduce reliance on subsidies. Noersalim stressed the importance of strengthening these institutions to ensure long-term sustainability and effective resource management.