Douglas Tomuriesa, Pope Francis and James Marape

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  Opposition Leader Douglas Tomuriesa said he is disappointed and embarrassed over the way His Holiness Pope Francis was treated by Prime Minister James Marape over the last three-days during the Papal visit, and the lack of courtesy and respect shown by the Prime Minister. He said the Prime Minister continuously declares PNG as a ‘Christian country’ and prides himself on being a religious individual but he was surprised when the Pope was continuously snubbed by the PM over the weekend since the Pope’s arrival on Friday. “The Pope is the head of the Catholic church, the largest Christian church in the world and he is also a head of state. “PNG not only being a Christian country, but a country that prides itself as a ‘friend to all, enemy to none’, the PM should be according the Pope with the highest level of respect,” Tomuriesa said. The Opposition Leader pointed out that on Friday, the Prime Minister did not welcome the Pope at the airport, a tradition he had accorded to many othe...
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New chief executive for BSP

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Business

MARK T Robinson has been appointed as chief executive officer (CEO) of Bank South Pacific Financial Group Ltd (BSP).
Board chairman Sir Kostas Constantinou said Robinson was a senior financial services executive and globally-experienced banking CEO with more than 30 years’ experience across developed, developing and emerging markets.
Robinson’s appointment follows a rigorous and competitive global executive search, led by Ashurst Board Advisory, which considered highly credentialed candidates globally and across the Pacific region.
Sir Kostas said: “Mark impressed the board with his history of developing and executing strategic plans incorporating high quality revenue growth across many geographies, including operating in challenging environments.
“He has a strong understanding of the Asia-Pacific region and banking market, reinforced by years of experience in various global economies.
“We also believe Mark is a good fit with BSP Financial Group because of his ‘people first’ approach, with a major focus on building relationships with regulators, shareholders, employees and other stakeholders.
Mark’s significant global banking experience will be a major asset for BSP Financial Group as we further grow our investor base over the medium term.”
Robinson’s previous roles included CEO of Commercial Bank International, a publicly listed bank based in the United Arab Emirates, CEO of ANZ Banking Group’s operations for Southeast Asia and prior, numerous senior executive roles with Citibank, including in India, Russia, Turkey and Hungary.
His appointment has received the approval of the regulator, the Bank of Papua New Guinea and his start date will be determined upon receipt of his work permit and visa approvals from the PNG authorities.
Robinson said he was pleased with his appointment to the role “in an exciting region with huge potential.
He said BSP was a regional banking leader and was a successful and profitable bank with strong governance and transparency.
“The bank has a highly skilled workforce and is well advanced in its digital transformation, and I am looking forward to working with the team to continue to improve our customer experience and explore new growth opportunities,” he said.
Sir Kostas also extended his thanks to outgoing CEO Robin Fleming.
Fleming’s contract expires next month after 42 years with BSP.
Sir Kostas said Fleming had been an outstanding leader of BSP since his appointment in 2013.
“His efforts have seen the bank grow its profitability from K407 million in 2012 to K1.075 billion in 2021, increase its customer base and deposits significantly and expand BSP across the region,” he said.
“Fleming has also driven the digital transformation project which has been critical to our future and sustainability.
“We wish him well in his future endeavours.”

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