Nambawan Super Chairman

Dr Webster Resigns As Trustee Director

In May, Dr Webster advised the Nambawan Super Board of Directors that it would be untenable for him to continue as an Independent Trustee Director due to a personal conflict of interest.

In a statement, Monagi expressed that it was unfortunate to lose a highly skilled and experienced Director, however, the Board recognises Dr Webster’s integrity in abiding by the Prudential Standards under which the Fund operates, as regulated by the Bank of PNG.