Tengdui appointed to Petromin board

PAPUA New Guinean accountant Richard Tengdui has been appointed to the board of Petromin PNG Holdings Ltd.He has been appointed a non-executive director for a three -year term that took effect last May 5.Tengdui was nominated for appointment by Petromin board chairman Brown Bai, based on his performance as independent external member nominated by Certified Practicing Accountants of PNG to the Petromin audit and compliance board sub-committee. In welcoming Tengdui to the board, Bai said Tengdui’s wealth of experience in accounting, auditing and taxation would greatly enhance the boards ability to make balanced investment and management decisions.Tengdui’s appointment was made early this month by Petromin trustee shareholder Prime Minister Michael Somare.