Oilmin Field Services appoints Aitsi to its board

FINANCE and banking professional Peter Aitsi has been appointed to the board of Oilmin Field Services.
Board chairman Peter Kerr welcomed the appointment saying the board is pleased to have a person of such “standing and experience”.
“His past roles as PNG country manager of Newcrest Mining and senior vice-president of the Chamber of Mines and Petroleum will add significantly to the resource sector industry experience already in Oilmin,” he said. Aitsi was most recently the group chief executive officer of the regional finance company, Credit Corporation.
He has more than 30 years’ experience managing some of PNG’s leading companies.
Aitsi said he was excited to join a well-established business.
“Oilmin has come a long way from its humble beginnings as a small family company,” he said.
“It is now poised to achieve the next level of growth.”
In support of the board’s efforts and working with the executives, Aitsi said he was keen to contribute to strengthening the overall governance environment in the company.
OM Holdings Ltd, trading as Oilmin Field Services, started operations in 1992 when it was established by the late George Leahy, a successful businessman and prominent Papua New Guinean.
The Leahy family remains shareholders of the company with the children now taking on leadership roles in the business.
The firm specialises in providing manpower (skilled and unskilled), expert supervision of onshore seismic acquisition surveys, construction of remote camps, provision of camp management services, including catering services, civil construction projects, construction of rig pads and remote logistic services.