Tarutia newest fellow to join PNG Institute of Directors

THE board of the PNG Institute of Directors has named Ian Tarutia as the newest fellow of the institute.
Institute president Anthony Yauieb said he was honoured to announce that Tarutia, a long-standing member and former president of the institute, had been admitted as a fellow.
The two requirements in the evaluation were:

• THE institute member must have served for 15 years or more consecutively as a board director or equivalent governance professional; and,
• THE member needed to be of high-standing in the community.

Yauied said Tarutia was in the past two decades a director on the boards of companies in the fields of financial services, aviation, software development, agriculture, property construction, manufacturing, environment conservation and sporting sectors in Papua New Guinea.
“He (Tarutia) is a leading corporate figure, and chief executive officer of the largest private sector superannuation fund, Nasfund,” he said.
“He is a Harvard Business School alumni, and holds a masters in business administration and a degree in business economics from the University of PNG.”
Tarutia received the member of the British Empire and Order of the British Empire awards for services to the superannuation industry and the 2015 Pacific Games.
Tarutia joins the institute’s fellow luminaries such as Lady Winifred Kamit, Monica Salter, Sir Wilson Kamit, Sir Kostas Constantinou, Gerea Aopi, Brian Hull, Frank Kramer, Stan Joyce and Benny Popoitai.
Dame Carol Kidu and Sir Paulius Matane are honourary fellows of the institute.
Tarutia said he was humbled to be admitted as a fellow of the PNG Institute of Directors.
“I have had the privilege to work with a lot of competent professionals at board and executive levels in various organisations in PNG to bring about positive change through the adoption and adherence to good corporate governance practices,” he said.