PNG financial institution Kina Securities Ltd has appointed experienced banking executive Karen Smith-Pomeroy as a non-executive director.

Ms Smith-Pomeroy has more than 30 years’ experience in the financial services sector, with senior roles in Queensland and South Australia, including five years as chief risk officer for Suncorp Bank.

She has specific experience in risk and governance, deep expertise in credit risk and specialist knowledge of a number of industry sectors, including energy, property and agribusiness.

Ms Smith-Pomeroy is currently a non-executive director of Queensland Treasury Corporation, Stanwell Corporation Limited, InFocus Wealth Management group and National Affordable Housing Consortium Limited. She is a member of the Qld Advisory board for Australian Super, Australia’s largest industry super fund.

She holds accounting qualifications and is a Fellow of the Institute of Public Accountants, Fellow of the Financial Services Institute of Australasia, a Member of Association of Superannuation Funds of Australia, a Certificate member of Governance Institute of Australia and a Graduate of the Australian Institute of Company Directors.

Kina Chairman Sir Rabbie Namaliu said he was delighted to have Ms Smith-Pomeroy join the Board.

“Her breadth of experience will be very valuable to Kina Securities,” he said. “In particular, she brings important insights in the areas of credit risk and governance, which are a focus for the Board as we expand our lending and grow our business in the coming years.”