The Board members are: Mr L Wilson Kamit CBE  – Governor & Chairman  Mr Benny Popoitai MBE  – Deputy Governor, Management & Operations  Rev Samson Lowa  – President, PNG Council of Churches  Mr John Mahuk  – President, PNG Trade Union Congress  Mr Michael Mayberry  – President, PNG Chamber of Commerce  Mr Patrick Kolta  – President, PNG Institute of Accountants  Mr Kostas Constantinou OBE  – Managing Director, Lamana Hotel Ltd  Mr Robert Igara CMG  – Chief Executive, PNG Sustainable Development Program Ltd  The late Koiari Tarata ISO, CBE  – Secretary, Department of Treasury (now vacant)  To ensure that accountability, structural and governance matters were strengthened in the Bank, the Board established an Audit Committee.
The approved a charter for the Audit Committee covers the responsibilities, role, purpose and authority of the Audit Committee. An internal Tender Committee was also established to ensure that due process is followed in the assessment and allocation of contracts for good and services to be provided by external parties.