TFL's Chief Executive Taito Tabaleka has formally tendered his resignation with the Board Chairman today announcing his replacement.

Felix Anthony said the Board has accepted Tabaleka's resignation thanking him for his dedication and service to TFL over the years and especially over the last two years guiding TFL into the new competitive market.

Tabaleka said serving TFL has been an honor however the time has come to move on to other things.

Anthony has named Sakeasi Seru, the former Chief Operating Officer as the Acting CEO.