“If a child, a spouse, a life partner, or a parent depends on you and your income, you NEED life insurance.”
Board and Management
One of our core Values is People – We respect and value our people and our customers. We take great pride in the diversity of our people. We are committed to the care and development of our staff through training and will continue to provide the necessary learning and development opportunities, empowering our staff to contribute to our growing business.
Our programs ensure that all staff understand how the corporate Vision and Values positively impacts individual behaviours and drives the BSP Life culture. We have other programs to measure how well staff are managed to make BSP Life a better organisation for customers, staff and insurance agents to provide assurance and good results for our shareholders.
The BSP Life Team comprises of sixteen staff members. This includes the Quality Assurance & Compliance Manager, six staff under the leadership of the Operations Manager and six staff under the Head of Sales. The team is further strengthened with our young and vibrant Country Manager.
Board of Directors
The BSP Life PNG Board is made up of 5 Directors (3 Independent and 2 Non-Executive directors) who have all met Bank of Papua New Guinea’s fit and proper requirements.
Mr Jimmy Longbut is the BSP Life PNG Limited Board Chairman and an Independent Director. Mr Longbut is an experienced insurance professional in Papua New Guinea with experience spanning over 30 years. Mr Longbut’s last position before retiring was Branch Manager of QBE Insurance (PNG) Limited.
Dr Wayne Beilby
Dr Wayne Beilby is the BSP Life PNG Limited Remuneration and Nomination Committee Chairman and an Independent Director based out of New Zealand. Dr Beilby is an insurance professional and a Fellow and Mentor of the Australia New Zealand Institute of Insurance and Finance (ANZIIF). Dr Beilby has held a number of senior executive positions in New Zealand, South Korea and the Solomon Islands. He was the Chief Executive Officer and Director of Tower Insurance (PNG) Limited between 2004 and 2015 before moving back to New Zealand. Dr Beilby has a MBA from Deakin University and practiced law in New Zealand for 10 years. Dr Beilby also has a Doctorate in Corporate Governance from Southern Cross University.
Rabbie Namaliu Jnr
Rabbie Namaliu Jnr is the BSP Life PNG Limited Board Audit Risk and Compliance Committee Chairman and an Independent Director. Mr Namaliu Jnr has worked with several organisations in both Brisbane, Australia and Papua New Guinea. He is currently the General Manager of Frontier Equities Limited. Mr Namaliu Jnr has a Bachelor of Business Economics from the Queensland University of Technology (QUT) and a Graduate Certificate in Business (Accounting), also from QUT.
Robin Fleming, CSM
Robin Fleming, CSM is a Non-Executive Director of BSP Life PNG Limited and is the current Group Chief Executive Officer (CEO) of Bank South Pacific Limited. Mr Fleming was appointed CEO of Bank of South Pacific in April 2013. Before his appointment as CEO, he had been Deputy CEO and Chief Risk Officer since 2009. Prior to that, Mr Fleming held senior executive roles as Chief Risk Officer, General Manager Corporate & International, and Head of Risk Management with BSP. Prior to the merger of BSP and PNG Banking Corporation (PNGBC), Mr Fleming held senior management roles with PNGBC. He has worked in PNG for over 35 years and holds an MBA and a Master of Management from Charles Sturt University. Mr Fleming was awarded a Companion of the Star of Melanesia (CSM) in 2015 by the PNG Government for services to banking and the community.
Eddie Ruha is a Non-Executive Director of BSP Life PNG Limited and is the former Group Chief Financial Officer of Bank South Pacific Limited. Mr Ruha was appointed to Group Chief Financial Officer on 3 April 2017 and remained on the position until his retirement on 31 May 2020. Prior to that Mr Ruha was the Chief Financial Officer – PNG for BSP. Previously he worked for Steamships Trading Company in PNG for 22 years, commencing in 1990 , working in the Steamships Merchandising Division for eight years, before transferring to Head Office as Group Systems Accountant and then Group Accountant, General Manager Finance and then from 2008 to 2012 as Finance Director and Company Secretary. Mr Ruha is a commerce graduate from Auckland University in New Zealand (1984), has a Master of Business Administration from Charles Sturt University (2000), and is a member of CPA Papua New Guinea and a member of the Chartered Accountants Australia and New Zealand as well as a member of the Australia Institute of Company Directors.
Mary Johns, ML
Mary Johns, ML is the Company Secretary of BSP Life PNG Limited. Ms Johns is a lawyer by profession and has been in legal practice in Papua New Guinea for 24 years. She worked in private practice for 5 years and then joined Bank South Pacific Limited as a legal officer in July 2002. She was appointed as Company Secretary in 2005 and currently holds that role to date
Executive Management Team
Nilson Singh is the Country Manager at BSP Life PNG Limited. Mr Singh has over 10 years of Life Insurance experience through his various roles at BSP Life (Fiji) Limited, which includes Manager Finance, Financial Controller and Manager Strategy & Business Development. Prior to this, Mr Singh worked in the assurance division at PricewaterhouseCoopers (PwC) Fiji for 3 years. Nilson has a Bachelor of Arts Degree in Accounting & Financial Management and Information Systems from the University of the South Pacific. He completed the Fiji Directors Course with Australian Institute of Company Directors. Nilson is a full member of Certified Practicing Accountants (CPA) Australia & CPA PNG and member of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and Australian Institute of Company Directors. Nilson is currently pursuing his Diploma in Life Insurance with ANZIIF.
HEAD OF SALES
Matthew Hasu is the Head of Sales at BSP Life PNG Limited. Previously, Mr Hasu was the Senior Manager, Strategy and Investor Relations with BSP for over 4 years before joining BSP Life PNG. Prior to joining BSP, Matthew was the Financial Controller of Teachers Savings & Loans Society (TISA). Matthew holds a Master of Science (MSc) in Finance & Accounting from the University of Westminster, London. He also has a first Degree in Business Economics, and a Diploma of Accountancy from the PNG University of Technology, Lae. Matthew is a member of Certified Practicing Accountants (CPA) PNG and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
QUALITY ASSURANCE & COMPLIANCE MANAGER
Doris Yenbari is the Quality Assurance and Compliance Manager at BSP Life PNG Limited. Ms Yenbari began her career with Bank South Pacific Limited as a graduate trainee in 2013. She held various roles within the Credit Inspection and Compliance Department where she gained 7 years of compliance experience. Prior to joining BSP Life PNG Limited, she held the role of Compliance Officer within the BSP Group Compliance Unit. Doris holds a Bachelors of Commerce in Business Economics from the PNG University of Technology, Lae and a Certificate in Governance and Risk Management from the Governance Institute of Australia. She is an affiliate member of the Governance Institute of Australia (GIA).
“As required under the Insurance Act of 2000, David Goodsall was appointed Actuary for BSP Life PNG Limited in 2017. David is the Director of Synge and Noble Pty Ltd., a specialist advisory firm based in Sydney Australia. He is a Fellow of the Institute of Actuaries of Australia, a Chartered Enterprise Risk Analyst, an Associate of the Society of Actuaries and a Member of the Australian Institute of Company Directors. He has extensive experience in the Australian and Indonesian markets, having 13 appointed actuary roles and has been Advisor to numerous major life and wealth management organisations”.