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Andrew Carriline and Paul Hutchinson have joined the Kina Securities Board. Jim Yap has retired from the Board. Carriline recently retired from Westpac, a major Australian bank, where he spent most of the last decade in senior risk roles. He was also most recently Chairman of Westpac’s business in PNG. Hutchinson was the Managing Director and Chief Executive Officer of Rural Bank.
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The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 23 December 2024
USD 0.2505
AUD 0.4028
GBP 0.1991
EUR 0.2413
NZD 0.4453
JPY 38.9
SGD 0.3413Source: Bank of PNG
From the Business Advantage blog
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