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BSP Financial Group Ltd. ( (AU:BFL) ) just unveiled an announcement.
BSP Financial Group Limited has appointed Michael Makap as a director, effective 8 April 2026, filling a casual vacancy created by the resignation of Stephen Beach in March. The board, led by chairman Robert Bradshaw, has formally welcomed Makap and expects him to strengthen governance with his broad business background.
Makap brings extensive executive and boardroom experience from roles including CEO of Motor Vehicle Insurance Limited, advisor to ExxonMobil’s PNG LNG project, and director positions at Pacific MMI, Pacific Re Insurance and Pacific International Hospital. His appointment underscores BSP’s strategy of leveraging local and regional leadership expertise to support its expanding regional banking franchise and complex stakeholder base in the South Pacific.
More about BSP Financial Group Ltd.
BSP Financial Group Limited is the leading bank in the South Pacific, with roots in Papua New Guinea dating back to 1916. It serves around 3 million retail, business, corporate and institutional customers across Papua New Guinea, the Cook Islands, Fiji, Samoa, Solomon Islands, Tonga and Vanuatu through 124 branches, 596 ATMs and a growing suite of digital banking services.
Average Trading Volume: 8,439
Technical Sentiment Signal: Buy
Current Market Cap: A$3.71B
See more data about BFL stock on TipRanks’ Stock Analysis page.