NSL appoints independent trustee directors

MICHEAL Uiari and Dr Thomas Webster have been appointed as the newest independent trustee directors of the Nambawan Super Ltd (NSL) board.
NSL chairman Rex Monagi said their (Uiari and Webster) collective 50-years experience in their respective fields make them valuable members of the trustee board.
Uiari has over 20 years of extensive legal, management and executive-level experience in PNG’s oil and gas, mining and electricity sectors.
Throughout his career, he has developed comprehensive skills in strategy and planning, legal functions, analytics, commercial operations, communications, stakeholder engagement and management.
While Webster brings extensive experience, predominantly in public sector, research and advice.
Through his various roles, Webster has refined his skills in Government liaison at both political and bureaucratic levels, property and customary land development issues, stocks and bonds investments, research and data analysis, and policy advocacy.
“We expect that the expertise, experience and networks Michael and Thomas have developed throughout their careers will be a great benefit to the Nambawan Super Ltd board and members of the fund,” Monagi said.
He said Uiari and Webster had been appointed for a three-year term, in line with the Bank of PNG prudential standards related to corporate governance for authorised superannuation fund directors.
“Directors can be renewed for additional terms, with a maximum tenure of nine years.”