Public Trust Office

Board of Directors

Asi Semisi Blakelock (Chair)
Fonomua Peato Sam Ling
Tagaloa Fa’afouina Su’a
Toleafoa Vaega Lei Sam
Monica Sio

Activities

The Public Trust Office was established under the Public Trust Office Act 1975. to administer the estates of deceased people, provide trustee functions and offer will-making services.

In its estate administration role, PTO is subject to the Public Trust Office Regulations 1978, Administration Act 1975, the Wills Act 1975 and the Trustee Act 1975.

PTO is also subject to the:

PTO is governed by a board of directors that is responsible to the Minister of Public Enterprises.

Vision and Mission

PTO’s vision is “to be the first choice provider of estate and trustee services in Samoa.” Its mission is “to offer, as a Public Trading Body, professional, independent estate and trustee Services to the Samoan community”.

Community Service Obligations

Nil

Financial Highlights

(ST ‘000) 2013 2014 2015 5-yr Average
Revenue 629 1,193 1,073 855
Net Profit After Tax -632 226 109 -142
CSO payments 0 0 N/A N/A
Total Assets 6,513 7,132 7,362 6,448
Total Liabilities 3,802 3,533 3,166 3,503
Shareholders Funds 2,711 3,599 4,196 2,945
ROE % -23% 6% 3% -7%
ROA % -10% 3% 1% -2%
Asset Utilization 10% 17% 15% 13%
Cash / Current liabilities 0.692 0.585 N/A N/A

Important Documents

  • PTO annual accounts

Website