Board Members

Sharon Kupp-Tengdui


Sharon Kupp-Tengdui is currently the President of the Institute.

She was first appointed as an Institute Director in May 2016. She is Head of Legal and Compliance for Westpac Bank PNG Limited.

Mrs. Kupp-Tengdui holds a Bachelor of Law Degree from University of Papua New Guinea and a Masters of Laws from Queensland University of Technology, Australia.


Vani Nades

Vice President

Vani Nades has been a director of the Institute since 2018 and won the PNG Young Director of the Year award in 2013.

She started and runs Emstret Holdings Limited (an Internet Service Provider), Emstret Space (a co-working hub creating an inclusive ecosystem for entrepreneurs), and Little CEO Pizza company.

She founded Voices for Villages Foundation Inc that has humanitarian goals. Ms. Nades is passionate about positively impacting young lives and facilitated the school challenge program to compete in school debates across Oceania and in the World School Debates, Spelling Bee and Poetry Slam. She sits on the board of the Port Moresby Chamber of Commerce.


Mary Laimo


Mary Laimo is currently employed by the Bank of South Pacific Ltd as the Head of People Governance & Control in its Finance & Planning Strategic Business Unit. She has over 36 years of experience in banking and finance which includes stock broking both in PNG and Australia. She also has strong analytical skills, financial and management accounting skills, operations risk analysis skills, strategic planning, people management skills and is well versed with payroll functions.

Mrs Laimo is the Deputy Chairlady on the Board of Post PNG and currently Treasurer of the Finance and Private Sector Savings & Loans Society. She has a Bachelor’s degree in Accounting from UPNG and is a Fellow of the Certified Practicing Accounts of PNG. She has a Senior Manager’s certificate from the Melbourne Business College.


Clarence Hoot


Clarence Hoot is the Managing Director of the Investment Promotion Authority of Papua New Guinea. As Managing Director, he sits in various Boards such as the Petroleum Advisory Board, the National Institute of Standards and Industrial Technology and the Investment Promotion Authority.

Mr. Hoot has represented Papua New Guinea in numerous capacities, including in the Asia Pacific Economic Cooperation (APEC) in which he was the first Papua New Guinean to be appointed as a Co-chair to lead discussions in the Investment Expert Group. He is also an active member of the Regional Investment Analysis Group with APEC Study Centre at Royal Melbourne Institute of Technology, Australia.


Taunao Vai


Taunao Vai was re-elected to the Institute Board in 2018. He is currently a consultant following a public service career with the Department of Commerce & Industry, PNG Investment Corporation and Small Business Development Corporation.

Mr. Vai has a Masters in Business Studies (Management) from Massey University, New Zealand. He is also a governance trainer for the Institute. He sits on the boards of Finance & Private Sector Staff Savings and Loans Society Limited and H&E Stevedores Limited and chairs the UCoPNG UR Poreporena Circuit Council.


Bernard Eliuda


Bernard N. Eliuda was elected to the Institute Board in 2018. Mr. Eliuda graduated from the University of Papua New Guinea in 2005 and was admitted to practice as a lawyer the same year. He has served in various law firms and companies as a Commercial lawyer and as Legal Officer since 2006.

Mr. Eliuda is a member of the Rotary Club of Lae and previously served as Vice President of the Cancer Relief Society in Lae. He was Company Secretary for Motor Vehicles Insurance Limited and Kumul Petroleum Holdings Limited. His current role is as Company Lawyer and Company Secretary for South Pacific Brewery Limited, which is a subsidiary of the Heineken Group.


Lisa Costigan


Lisa Costigan is an experienced auditor attached to the Internal Audit Division of the National Superannuation Fund Limited. She is Certified Practising Accountant PNG and an Associate of the Institute of Internal Auditors Australia.

Mrs. Costigan has experience working in audits, risk and compliance and in assurance. She is currently President of The Badili Club of PNG Inc.; a Council Member of CPA PNG; Chairperson of the Board of Governors of Koroboro International School; and a member of the Board of Governors of Port Moresby International School; She holds a Bachelor of Business (Accounting) from Pacific Adventist University and a Masters in Business Administration from Torrens University, Australia.


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