Financial discipline marks end of NBC board tenure
The National Broadcasting Corporation [NBC] bid farewell to its outgoing board of directors, concluding a tenure accompanied by significant institutional reform, policy development, and a heavily emphasized drive for fiscal responsibility.
The state broadcaster hosted a farewell gathering at its national headquarters in Port Moresby on Friday to honor the departing leadership team.
NBC Managing Director Kora Nou led the commendations, expressing gratitude on behalf of the management, staff, and national newsroom for the strategic guidance provided by the board during a critical period of corporate development.
He outlined the board's role in reinforcing the stability of the state broadcaster, specifically pointing to the implementation of rigid financial controls as a cornerstone of their legacy.
"The strong financial discipline instilled by this board has been instrumental in driving our recent institutional developments and strengthening our operational framework," Nou said.
Outgoing Board Chairman Ian Tarutia expressed his gratitude to the NBC management and staff for their cooperation and shared commitment to corporate goals throughout his term.
Tarutia said it had been a distinct honor to guide the growth of the national broadcaster, stating that the board had remained focused on elevating the standards of corporate governance, policy development, financial accountability, and long-term institutional progress.
He said NBC was a vital state asset and expressed absolute confidence in its continued trajectory and service to the independent state of Papua New Guinea.
Supporting these sentiments, outgoing Deputy Chairman Henao Iduhu said it was a privilege to collaborate closely with both the board and executive management to deliver meaningful structural reforms.
According to NBC management, the corporate frameworks and stringent financial guidelines established under the outgoing board's leadership have left the broadcaster heavily stabilized and well-positioned for its next phase of national network expansion.