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Our board


Michael Koisen

GROUP CHAIRMAN (OBE)

Mr. Koisen is the non  – executive Chairman of the Board of Directors for the Capital Insurance Group. He is currently the Group CEO of Teachers Savings and Loan Society Limited and a non – executive director on the Board of Tisa Community Finance Ltd. He has served on various boards which include – Kumul Consolidated Holdings, Credit Corporation, Airlines PNG and National Airports Corporation. He is a Fellow of the Australian Institute of Company Directors, a Fellow of the Australian Mutual’s Institute, a Senior Associate of the Financial Services Institute of Australia. Mr. Koisen brings with him a wealth of business experiences and knowledge

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Sundar Ramamurthy

DIRECTOR

Sundar Ramamurthy was the Founder & Managing Director of Data Nets Limited. Data Nets Limited was the largest ISP and computer networking company in the Pacific Islands covering both PNG and Fiji. Sundar has significant international experience in Asia, Australia, U.S. and Pacific Markets. Developed and gained considerable experience in dealing with diverse cultures, languages and markets. Following the sale of Data Nets to the Digicel Group in 2010, Sundar was engaged by IPBC (now KCH) for the National Transmission Network in 2012, prior to taking his role as Group CEO to turnaround bmobile-Vodafone in the mobil emarket in PNG and Solomon Islands in late 2013 following the recapitalisation of the company by the PNG Government in mid 2013. He completed the turnaround by early 2017. He is now involved in funding and mentoring new startup ventures, with a focus on new technologies in the mobile banking, secure payments environment and affordable solar markets.

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Mark Vele

DIRECTOR

Mark Vele was appointed as a non-executive director to the board of Capital Insurance Group in June 2020. He brings with him over 30 years of experience in general insurance having provided leadership and management in underwriting, loss adjusting, reinsurance and broking across the Pacific including Australia, New Zealand, Papua New Guinea, and Fiji.  He also brings to the board strategic leadership as he is a commissioned officer for the Australian Army and serves as an insurance broker and advisor to corporate and commercial businesses, SMEs, and industry groups. As a former member of the Australian and New Zealand Institute of Insurance and Finance (ANZIF), Mr Vele adds a great wealth of knowledge and technical expertise of the insurance industry to the board.

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Simon Woolcott

DIRECTOR

Mr Woolcott has over 20 years of experience in the accountancy and finance industry. He was appointed as a new director to the board of Capital Insurance Group in November 2020. He is currently a member of the Certified Practising Accountants of PNG (CPA PNG), a member of the Certified Practising Accountants of Australia and the Australian Institute of Company Directors (AICD). Over the years, he has worked as a senior accountant and CFO, chairman of an audit and risk committee, and a director. He holds a bachelor’s degree of Accounting and Business Management from the University of Sunshine Coast.

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Akae Beach

Director

Akae was appointed to the Board of Capital Insurance Group Limited on 21 February 2022 having a strong background in the fields of  Audit, Risk Management,  Accounting and  Statutory compliance. With over 20 years of experience, Akae is currently an Executive Director of Beach Accounting Advisory which provides Cloud Accounting & Consultancy services to its corporate clients.

Akae also holds several positions within the corporate sector, including Treasurer of the Port Moresby Chamber of Commerce and Industry and a Volunteering Board Director of Transparency International PNG.

Akae is a Certified Practicing Accountant in PNG, a member of Institute of Internal Auditors ( Australian Chapter and Global Chapter), an Associate Member of the Tax Institute Australia, an Accredited Advisor for NZAID- Business Link Pacific Network and assessed by IBBM as qualified Business and Tax Advisor.  She sits as a director on the boards, Capital Insurance Group Limited, Capital Life Insurance Company Limited, and the Board Audit Risk and Compliance Committee.

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