CC PG Director Resigns (Mr Ian Tautia)

Board member Mr Ian Tarutia, tendered his resignation as a Director of Credit Corporation (PNG) Ltd and subsidiary companies Credit Corporation Finance Ltd.

Mr Tarutia is required to resign in order to satisfy the requirements of Prudential Standard 7/2012 issued by the Bank of Papua New Guinea to the superannuation industry.

Board chairman Garth Mcllwain acknowledged Mr. Tarutia’s valuable contribution to the various Board proceedings since his appointment during 2008.