May 16, 2018
GOVERNOR of Bank of PNG, Loi Bakani, was among eight departmental heads who signed their contracts at Government House yesterday after their contracts were extended by the National Executive Council.
Mr Bakani will be serving his second term of seven years (14 years) and will be the second longest serving Governor of the Bank, normally called the Central Bank, behind Sir Henry Robert who served for 20 years.
The next person to serve the bank was Sir Wilson Kamit, who served for 10 years.
The other significant appointment and signing of the contract of employment is Jacob Popuna, who was appointed Public Curator and official trustee of PNG.
He becomes the first person to be officially appointed by the National Executive Council after a major restructure. Minister for Justice and Attorney General appointed the public curator in the past.
Mr Popuna said besides the change in the appointment process of the curator, the institution has also experienced change in the institutional structure, including the increase in staff from 37 in 2007 to about 80 staff today.
The youngest departmental head to sign his contract was Raul Yamuna, who was appointed managing director for Climate Change and Development Authority for a period of four years
The other head of departments appointed are Dr Sergei Bang, as Director General of National Agriculture Research Institute for a period of three years, Ari Koni, Secretary for Mining and Geohard Management for a period of four years, Dr James Vele Kaiulo as Managing Director of Kokonas Industry Koporesen for a two year term, Dennis Pjandi, deputy commissioner operation of Correction Services and Steven Pokanis as deputy secretary corporate affairs for a period of four years each.
The departmental heads all signed their contracts with the Governor-General at the Government House yesterday, witnessed by Ravugela Vagi deputy secretary for the Department of Personnel Management, the media, family members and colleagues.
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