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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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Charles Lee

DIRECTOR

Member and Winner of the 2018 Young Director of the Year Award for the Papua New Guinea Institute of Directors with 13 years of experience and specialty in investments, finance, superannuation, funds management, structured products and banking. He was the former Chief Investment Officer at the National Superannuation Fund of PNG and is the current Principal of Alchemy Capital (PNG) Limited. Mr. Lee also sits on Bank South Pacific’s Risk & Compliance Board Committee and is also an Observer on the Bank’s Board Audit Committee. He is also a Director of Amalgamated Packaging Limited in Lae and was the Inaugural President of the Young Port Moresby Chamber of Commerce and Industry. Mr. Lee has Bachelors Degree in Business & Management from University of Papua New Guinea. He also has a Graduate Certificate in Applied Finance from the Kaplan Professional Australia Institute (formerly known as the Securities Institute of Australia), a Graduate Certificate in Financial Analysis from the University of Technology, Sydney and a Graduate Certificate from the Melbourne Business School, Victoria, Australia.

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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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Faye-Zina Lalo

DIRECTOR

Faye-Zina is a lawyer with Albatross Law. She joined Albatross Law after 5 years practicing in PNG’s telecommunications sector. Faye-Zina has worked for Digicel (PNG) Limited as Legal Counsel and previously for Telikom PNG Limited as Manager for Regulatory Services. Faye-Zina also serves on the boards of Credit Corporation and Kumul Hotels Limited and its subsidiaries. She holds an MBA degree from the University of Papua New Guinea.

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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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Des Yaninen

DIRECTOR

Des was appointed director in February 2021 and has over 15 years’ experience in corporate management, from Accounting to Audit, Corporate Affairs and Operations. He has held key managerial roles in his career in banking, where he reached the pinnacle as Chief Executive Officer – NDB Investment Ltd. He has managed Government, State Owned Enterprises, Statutory Authorities relations including Foreign Diplomatic relation (foreign missions), Suppliers and Customers and is currently the Chief Executive Officer of Pacifund, a financial services firm. He is also President of the MSME Council Inc., Independent Committee Member of Oil Search Limited and a Councilor with St. John’s Ambulance. He acquired his director skills since being a recipient of the Nambawan Super Limited Trainee Directors Program in April 2018 where he participated in a two-year program. Des holds a Bachelor of Business in Management & Accounting from the Pacific Adventist University, a Post Graduate Diploma in Finance. He has also a full CPA and has completed PNGID Director Courses.

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