Papua New Guinea is expected to join 20 other jurisdictions on the intergovernmental Financial Action Task Force’s ‘grey list’ in February 2026. However, CEOs in the banking sector tell Business Advantage PNG they are confident they can manage the situation, and are optimistic it will lead to reforms.
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.
As more institutions are considering ways to connect to the unbanked population of Papua New Guinea, mobile wallets are emerging as a potential game changer for the sector. Charlotte Armstrong examines the key players in PNG’s mobile money market.
A departure at Kina Bank, a new Manager Media and Public Relations for OTML, a new National Fuel Transport Manager for EastWest Transport, new President and COO for Newmont and more.
Papua New Guinea’s financial institutions are playing a leadership role in digitalising its economy. The country’s bankers talk to Business Advantage PNG about their major investments in new technology, and how this is driving business growth.
New chief of staff at Kina Bank, a new director for Kina Asset Management, a new Secretary of Dept of Works and Highways, new executive structure at the Bank of Papua New Guinea, two appointments at Coral Sea Hotels, and a new country manager for Complex Electrical (CE Group).
Ivan Vidovich, recently-appointed CEO of Kina Bank, speaks about the financial institution’s digital innovation strategy at the recent Innovation PNG 2025 conference in Port Moresby.
A promotion at Pacific Palms Property, a new CEO at National Banking Corporation, Kina Bank welcomes its new Chairman, and a new media manager at New Porgera Ltd.
New President and Managing Director for ExxonMobil PNG, Kina Bank appoints new MD and CEO.