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.
National Banking Corporation (NBC)
New Bank of Papua New Guinea Chair, new Acting Commissioner General at IRC, NBC CEO stands down, new Group Legal Counsel at Steamships, new board chairman at CTSL.
Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
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.
Two new appointments at Steamships, new board member for PNGX Group, new head of retail banking at National Banking Corporation, two new partners at Corrs Chambers Westgarth, and three ministerial changes in PNG Cabinet reshuffle.
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.
State-owned National Banking Corporation (NBC) secured a commercial banking licence in December 2024. In this exclusive interview, Chairman Darrell Seeto shares his plans to get the bank to profitability and a listing on Papua New Guinea’s stock exchange.
New board member for National Banking Corporation, City Pharmacy Limited (CPL) Group appoints new Executive Director,
Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.