Business News

Institute of Banking and Business Management Hosts 62nd Graduation

By Leanne Jorari – EMTV News, Port Moresby

The Institute of Banking and Business Management hosted its inaugural Master of Business Administration graduation today, with 10 pioneer graduates and a total of 144 graduates in other courses, during it 62nd graduation.

Keeping its long time commitment to strengthening the financial sectors in Papua New Guinea, the Institute of Banking and Business Management hosted its 62nd graduation ceremony.

The ceremony this morning was witnessed by more than a hundred attendees, amongst them; Governor for the Central bank and Chairman of the IBBM board, Loi Bakani, as well as heads of the three major commercial banks in PNG; Robin Fleming, representing Bank South Pacific, Mark Baker, for ANZ bank and Geoff Toone, from Westpac.

Certificate and awards presentations were handed to graduates of the Australian Diploma in Management, the Australian Certificate IV in Training and Assessment, Certificate IV in Frontline Management programs, and most notably to the graduates from the inaugural Masters in Business Administration.

The MBA program which is delivered in partnership with Chifley Business School, Torrens University Australia, is a 2 years program taught on the IBBM campus in Konedobu.

Amongst the MBA graduates was Minister for Environment and Conservation, John Pundari, who gave a heartfelt acceptance speech on behalf of his graduating class.

Correspondingly, honorary awards were awarded during the ceremony and Governor, Loi Bakani, was awarded the honorary life member for his distinguished support and contribution to the institute.

The graduation also coincided with the opening of its new state of the art auditorium.

The auditorium will seat 250 people at any one event and is equipped with modern equipment, sound system and facilities.

The auditorium was officially opened by Central Bank Governor, Loi Bakani and witnessed by Mr. Andrew Barry, Managing Director of ExxonMobil PNG.

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