“If a child, a spouse, a life partner, or a parent depends on you and your income, you NEED life insurance.”
Anonymous
Board and Management
One of our core Values is People – We respect and value our people and our customers. We take great pride in the diversity of our people. We are committed to the care and development of our staff through training and will continue to provide the necessary learning and development opportunities, empowering our staff to contribute to our growing business.
Our programs ensure that all staff understand how the corporate Vision and Values positively impacts individual behaviours and drives the BSP Life culture. We have other programs to measure how well staff are managed to make BSP Life a better organisation for customers, staff and insurance agents to provide assurance and good results for our shareholders.
The BSP Life Team comprises of twenty-five staff members. This includes the Quality Assurance & Compliance Manager, three staff under the leadership of the Finance Manager, six staff under the Operations Manager and twelve staff under the Head of Sales. The team is further strengthened with our young and vibrant Country Manager.
Board of Directors
The BSP Life PNG Board is made up of 5 Directors (3 Independent and 2 Non-Executive Directors) who have all met Bank of Papua New Guinea’s fit and proper requirements.
Rabbie Namaliu Jnr
CHAIRMAN
Rabbie Namaliu Jnr is the Chairman of the Board of Directors for BSP Life PNG Limited and an Independent Director. Mr Namaliu Jnr has worked with several organisations in both Brisbane, Australia and Papua New Guinea. He is currently the General Manager of Frontier Equities Limited. Mr Namaliu Jnr has a Bachelor of Business Economics from the Queensland University of Technology (QUT) and a Graduate Certificate in Business (Accounting), also from QUT.
Dr Wayne Beilby
INDEPENDENT DIRECTOR
Dr Wayne Beilby is the BSP Life PNG Limited Remuneration and Nomination Committee Chairman and an Independent Director based out of New Zealand. Dr Beilby is an insurance professional and a Fellow and Mentor of the Australia New Zealand Institute of Insurance and Finance (ANZIIF). Dr Beilby has held a number of senior executive positions in New Zealand, South Korea and the Solomon Islands. He was the Chief Executive Officer and Director of Tower Insurance (PNG) Limited between 2004 and 2015 before moving back to New Zealand. Dr Beilby has a MBA from Deakin University and practiced law in New Zealand for 10 years. Dr Beilby also has a Doctorate in Corporate Governance from Southern Cross University.
Serena Sasingian
INDEPENDENT DIRECTOR
Serena Sasingian is the BSP Life PNG Board Audit, Risk and Compliance Committee Chairwoman and an Independent Director. Serena has over 15 years of experience in the field of development and public policy, where she has worked in government, the private sector and the not for profit sector. She is currently the CEO of Digicel Foundation PNG and holds a Bachelor of Law (Honors) from the University of PNG and a Master of Business specialising in philanthropy and Not for Profit studies from the Queensland University of Technology.
Michael Nacola
NON-EXECUTIVE DIRECTOR
Michael Nacola is a Non-Executive Director of BSP Life PNG Limited and the Managing Director of BSP Life (Fiji) Ltd. Prior to his appointment as Managing Director in 2019, he served for several years as General Manager Distribution & Marketing. Mr Nacola served as an Executive Director of BSP Finance and a Director of Oceania Hospitals Pte Ltd and Future Farms Ltd. He is currently a member of the Insurance Council of Fiji.
Peter Beswick
EXECUTIVE DIRECTOR
Peter Beswick was appointed Executive Director of BSP Life PNG Limited on 13 August 2024. He is also the Deputy Group Chief Executive Officer of BSP Financial Group Limited, having previously served as the Group General Manager of Corporate Banking since 2011. Prior to joining BSP, he worked for Price Waterhouse , Commonwealth Bank of Australia, National Australia Bank and Bank of New Zealand, having held executive positions in Corporate Banking, Audit, Risk Management, Business advisory – across Australia and South East Asia. Mr. Beswick has a Bachelor of Accounting from Macquarie University and is an MBA graduate of Macquarie Business School.
Executive Management Team
Nilson Singh
COUNTRY MANAGER
Nilson Singh is the Country Manager at BSP Life PNG Limited. Mr Singh has over 12 years of Life Insurance experience through his various roles at BSP Life (Fiji) Limited, which includes Manager Finance, Financial Controller and Manager Strategy & Business Development. Prior to this, Mr Singh worked in the assurance division at PricewaterhouseCoopers (PwC) Fiji for 3 years. Nilson has a Bachelor of Arts Degree in Accounting & Financial Management and Information Systems from the University of the South Pacific. He completed the Fiji Directors Course with Australian Institute of Company Directors. Nilson is a full member of Certified Practicing Accountants (CPA) Australia, CPA PNG and Australian Institute of Company Directors. Nilson has a Certificate IV in Life Insurance with Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and a Diploma in Life Insurance program.
Matthew Hasu
HEAD OF SALES
Matthew Hasu is the Head of Sales at BSP Life PNG Limited. Previously, Mr Hasu was the Senior Manager, Strategy and Investor Relations with BSP for over 4 years before joining BSP Life PNG. Prior to joining BSP, Matthew was the Financial Controller of Teachers Savings & Loans Society (TISA). Matthew holds a Master of Science (MSc) in Finance & Accounting from the University of Westminster, London. He also has a first Degree in Business Economics, and a Diploma of Accountancy from the PNG University of Technology, Lae. Matthew is a member of Certified Practicing Accountants (CPA) PNG and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
Cassandra Apana
FINANCE MANAGER
Cassandra Apana is the Finance Manager at BSP Life PNG Limited. Cassandra commenced her career with Price Waterhouse Coopers (PWC) PNG in 2019 as a Graduate Accountant in the assurance line of service where she gained 3 years’ experience in external audits. Prior to joining BSP Life PNG, Cassandra was an Accountant with Ramu Agri Industries Limited for 2yrs and 8 months. Cassandra holds a Bachelor of Science in Business Administration Major in Management Accounting from the University of Southern Philippines Foundation, Philippines. She is a full member of Certified Practicing Accountants (CPA PNG).
Adelaide Senior
OPERATIONS MANAGER
Adelaide Senior is the Operations Manager at BSP Life PNG Limited. Adelaide commenced her career with Southern Cross Assurance Limited as an underwriting officer. She held various roles within the Underwriting Department where she gained 7 years of general insurance experience. Adelaide joined BSP Life PNG Limited in 2019 as the Broker Relationship Officer and then moved to Cover Management Officer in April 2020. Adelaide holds a Diploma in Risk Management and is a Senior Associate CIP member of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF). Adelaide also has a Certificate IV in Life Insurance and General Insurance with ANZIIF.
Sarah Wartovo
QUALITY ASSURANCE & COMPLIANCE MANAGER
Sarah Wartovo is the Quality Assurance & Compliance Manager at BSP Life PNG Limited. Sarah joined BSP Financial Group as a Graduate Trainee in 2016 and has worked in various roles within the Retail Strategic Business Unit. In 2019 Sarah moved to the Internal Audit Business Unit where she gained 4 years of audit experience, before joining BSP Life PNG Ltd. Sarah holds a Bachelor of Business in Accounting and Computing Degree from the Pacific Adventist University and is a full member of Certified Practicing Accountants (CPA PNG).
David Goodsall
APPOINTED ACTUARY
“As required under the Insurance Act of 2000, David Goodsall was appointed Actuary for BSP Life PNG Limited in 2017. David is the Director of Synge and Noble Pty Ltd., a specialist advisory firm based in Sydney Australia. He is a Fellow of the Institute of Actuaries of Australia, a Chartered Enterprise Risk Analyst, an Associate of the Society of Actuaries and a Member of the Australian Institute of Company Directors. He has extensive experience in the Australian and Indonesian markets, having 13 appointed actuary roles and has been Advisor to numerous major life and wealth management organisations”.