Kina Bank has been leading the way in bringing digital banking products to Papua New Guineans, most recently with the launch of the Pei Beta digital wallet earlier this year. Its CEO Ivan Vidovich shared his bank’s vision on digital payments and innovation in an on-stage interview at the Innovation PNG 2026 Awards in Port Moresby.
The winners of Papua New Guinea’s major awards for innovation were announced at a special breakfast on 3 June at the Hilton Hotel in Port Moresby. While two of the awards were built on PNG’s growing digital backbone, the third award involved a decidedly offline solution.
CEO steps down at Digicel PNG, new chair for CPL Group, new CFO at Kina Bank, first Solomon Islands country head for Remington Group, CEO appointed at PNG FM, new partner at Dentons.
Papua New Guinea’s banks are scaling up digital platforms to fuel growth and advance financial inclusion, as CEOs in the sector tell Business Advantage PNG.
CEO appointed at Datec PNG, new Deputy Chair for Kina Bank, key appointments at BSP, new head of property development at Steamships’ Pacific Palms Property, board appointments at PNG Ports and Business Council of PNG.
In what is shaping up to be a big year for the Papua New Guinea economy, Business Advantage PNG lists five key focus areas to look out for in the country’s investment space in 2026.
With improved export receipts and the prospect of major resources projects starting in 2026, Papua New Guinea’s economy is set for a sustained period of growth. Andrew Wilkins speaks with business leaders in the country about their expectations for the year ahead.
The total return profile on PNGX, Papua New Guinea’s national stock exchange, remained one of the strongest in the world last year, as JMP Securities’ Lars Mortensen notes in this exclusive analysis for Business Advantage PNG.
New acting CEO for NBC, new country head for ADB, new CEO of the PNG Chiefs, new Head of Corporate and Commercial Banking at Westpac PNG, new Executive General Manager Wealth Management at Kina Bank, new CEO – Cement at Pacific Lime and Cement, new Regional Vice President for Asia and the Pacific for the IFC, and ministerial changes.
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.