Kina Securities Limited Appoints Johnson Kalo as Company Secretary
March 28, 2023 at 11:50 pm EDT
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Kina Securities Limited announces the appointment of Mr. Johnson Kalo as Chief Financial Officer and Company Secretary with immediate effect. As announced by the Company on 1 August 2022, Mr. Kalo was appointed Acting Chief Financial Officer and Company Secretary effective from 1 September 2022, following the retirement of the former Chief Financial Officer and Company Secretary, Mr. Chetan Chopra. Following a robust executive search process, which included consideration of external domestic and international candidates, and a review of Mr. Kalo's performance as Acting CFO and Company Secretary in the interim period, the Board confirm Johnson's appointment into the role on a permanent basis. Johnson Kalo has extensive experience in Finance, Banking, ICT and Corporate Governance having spent 19 years with Bank South Pacific (BSP) the largest Bank in Papua New Guinea and the South Pacific, in various finance roles and as Chief Financial Officer and Deputy Chief Executive Officer. Johnson was the Chief Financial Officer at BSP for 15 years where he was responsible for finance and accounting functions, strategic planning and played a central role in the acquisition of Westpac's Pacific Islands Nations businesses. He was a member of the Group Asset and Liability Committee, a mandatory
report to the Audit Committee and Risk and Compliance Committee. Over the past 10 years, Johnson has built a diverse Board portfolio. He has held Directorships on various subsidiaries of BSP across the Pacific, Credit Corporation, Kumul Consolidated Holdings and PNG Cricket.
Currently, he is a Director of PNG Exchange Limited. Prior to BSP, Johnson was an Audit Manager with KPMG where he began his career. Johnson holds a
Bachelor of Arts, majoring in Commerce from the University of Papua New Guinea, Graduate Diploma in
Applied Finance and Fellow from the Financial Services Institute of Australasia (FINSIA) and a Certified
Practicing Accountant. He is a member of the CPA PNG, FINSIA, and Australian and Papua New Guinea
Institutes of Company Directors.
Kina Securities Limited is a Papua New Guinea-based diversified financial services company. The Company is engaged in offering banking products, fund administration and wealth advice across Papua New Guinea (PNG). It offers customers end-to-end financial solutions from savings accounts to business loans, investments to mortgages, financial advice and investment management. Its segment includes Banking & Finance and Wealth Management. Banking and finance segments include the operations of Kina Bank, while Wealth Management includes fund management and fund administration businesses. Kina Bank delivers home, business and corporate loans, everyday banking transactions, credit cards, merchant and payment facilities and banking services to smaller institutions. Kina Wealth encompasses Kina Investment and Superannuation Services, Kina Funds Management and Kina Nominees servicing funds administration, wealth advice, stockbroking, fund management and nominee custodial services.
KINA SECURITIES LIMITED 
