The announcement yesterday is in line with the market notice on June 22nd 2017 of Yates’ planned retirement and transition to Greg Pawson as the new CEO.
Kina Board chairman, Isikeli Taureka, thanked Yates for his long and distinguished service of over 20 years to Kina and to the Papua New Guinean financial sector.
Taureka said his achievements have been immense and crowned by the successful IPO of Kina on the ASX and POMSoX in 2015, and the acquisition of Maybank PNG by Kina in the same year.