CEO changes at Barrick and Newmont, new chief risk officer for Kina Bank, board appointment at NGIP Agmark, Bougainville president wins second term.
Posts by Charlotte Armstrong
After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.
New Principal Geologist for Great Pacific Gold, new Chair of the Board for Kina Asset Management Ltd, new Division Director for World Bank, new Pacific Director for World Wide Fund for Nature.
Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.
Papua New Guinea’s Mineral Resources Development Company is one of the country’s largest institutional investors, with more than K12 billion in assets under management. Its Chief Investment Officer and Deputy CEO John Tuaim revealed five areas where more investment is needed at this month’s 2025 Business Advantage PNG Investment Conference.
Following on from his recent interview with Business Advantage PNG, new PNG Power Limited CEO Paul Bayly expanded on the utility’s turnaround plan at the 2025 Business Advantage PNG Investment Conference. In his speech, he shared a list of near-term projects which would assist with the turnaround and include “opportunities for would-be investors”.
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.
Two big appointments for Westpac PNG, new Vice-Chancellor for the University of Papua New Guinea, new CFO for Great Pacific Gold.
New chairman for KPHL, new board members for Westpac PNG.
New board members for the National Information and Communications Technology Authority, retirement at K92 Mining.