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Our MissionKey Features of BSP StrategyTo create value for our stakeholders by delivering innovative and cost effective financial Focus on Sales & Service High Performing Teams Operational ExcellenceProfitable Growth Our VisionTo be the leading financial services provider in our chosen marketshelping customers, staff, shareholders and communities s Report 4A Brief History of BSP 6 Board of Directors 8 Group CEO s Report 10 Strategic Business Unit Reports 12 Corporate Governance 21 Historical Summary 29 Contributions by BSP to PNG 29 Overseas Branches & Subsidiaries 31 Financial Statements 39

8 BANK OF SOUTH PACIFIC LTD ANNUAL REPORT 2016 BOARD OF DIRECTORS DR. ILA TEMU, PhD, MEc, BEcon | Non - Executive Director. Director since June 2003. Dr Ila Temu achieved a distinguished academic career with the University of Papua New Guinea, The National Research

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