BSP Financial Group Limited's Board Chairman Sir Kostas Constantinou, OBE announced that Ernest Gangloff has retired as a Director of the company. Mr. Gangloff has served as a Board Member since 2013 and as Chairman of the Board Audit and Compliance Committee since April 2017. Sir Kostas also announced the appointment of Mrs. Patricia Taureka-Seruvatu as a Director of the company.

Mrs. Taureka-Seruvatu is a highly experienced lawyer with over 30 years' experience in the legal, superannuation, property, commercial and corporate services industries in PNG. She has previously served as Company Secretary for Nambawan Super Limited from 2001 to 2019 and is currently the Company Secretary and General Counsel at Dirio Gas & Power Company Ltd. She is a member of the Australian Institute of Company Directors and the Papua New Guinea Institute of Directors.