Ok Tedi Mining and TISA Community Finance appoint new CEOs, new board members for PNGX and Credit Corporation PNG, while Geopacific Resources has a new interim CEO.
People moves: Ok Tedi Mining, PNGX, Credit Corporation, TISA Community Finance
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New players to fuel Papua New Guinea’s banking sector growth
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There is broad agreement that Papua New Guinea needs more competition in its banking sector, and several finance companies have flagged their desire to acquire banking licences. What happens next, however, is likely to depend on government action.
In brief: Papua New Guinea’s banking sector gets ready for more competition and other business stories
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Central Bank awards in principle banking licence to Credit Corporation, Japanese delegation visits proposed Special Economic Zone locations in Papua New Guinea, and Newmont’s proposal to combine with Newcrest Mining. Your business news in summary.
People moves: Credit Corporation, Asian Development Bank
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Credit Corporation welcomes new Group Chief Risk Officer and the Asian Development Bank announced new Special Senior Adviser for Climate Change.
Papua New Guinea’s property developers join forces
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Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.
People moves: Credit Corp, Mayur Resources
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Credit Corporation announces changes to its team and Mayur Resources welcomes two board Directors.
People moves: Deloitte PNG, Credit Corp, Steamships, Coffee Industry Corporation
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Deloitte PNG announces the names of its two new partners, Credit Corp’s Chief Risk Officer bids adieu, changes to Steamships board and new board appointed for the Coffee Corporation Industry.
Diversify and conquer: what the future holds for Credit Corp in Papua New Guinea
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Peter Aitsi, Group Chief Executive Officer of Credit Corporation PNG, says the COVID-19 pandemic has had a significant impact on operations. He tells Business Advantage PNG that the company is moving to a more agile digital platform and diversifying its product range.
People moves: Credit Corporation PNG, Ela Motors, PNG Air, Employers Federation, IFC
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Credit Corporation announces a Chief Operating Officer, Ela Motors welcomes its CEO, the Employers Federation of Papua New Guinea announces a new head, PNG Air appoints an Acting CEO and Solomon Islands gets a new IFC Country Officer.
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