Aisoli to head POMSox

Business

THE Port Moresby Stock Exchange board is expected to formalise the appointment of Karen Aisoli as the general manager for POMSoX.
Board director Johnson Kalo said in a market release yesterday that Aisoli would replace Vincent Ivosa.
He said Ivosa had resigned as general manager on February 20 2017 to pursue other interest.
He said Ivosa had been a long-serving staff at Port Moresby Stock Exchange, leading to his appointment as general manager in May 2015.
“The board and staff of the Port Moresby Stock Exchange wish him well in his future endeavour.
“The Board expects to formalise shortly the appointment of Ms Karen Aisoli to the role of general manager.”
Aisoli, from New Ireland, is a former stock broker with the Kina Group of Companies in Port Moresby. She was employed there for 11 years – five years in broking and six years as an investment analyst.
She previously worked for Bank of South Pacific in the early 1990s.
She is also a qualified economic policy analyst.
POMSoX’s major aim is to provide a medium for the mobilisation and raising of national and international capital for the long-term benefit of the citizens of Papua New Guinea.
This is important to ordinary people because they can buy a small number of shares in a company and they can be part of the launching of new companies in PNG and overseas.  It is an investment option that they can use their savings in productively rather than holding them in a savings account.

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