Wednesday, December 12, 2012

Port Moresby Chamber of Commerce retains bulk of executives

The Port Moresby Chamber of Commerce & Industry (POMCCI) last night chose to maintain most of its executive for another 12-month term at its annual general meeting at the Grand Papua Hotel in Port Moresby.
The only change was Lynn Walsh, from Pricewaterhouse Coopers, who takes over from Paul Barber as treasurer.
The executives retained were Ron Seddon (Leasemaster) as president, vice-president Ken Dunn (Kenmore), secretary Rio Fiocco (Fiocco Lawyers), committee Tim Pollock (Kumul Hotels – Holiday Inn), committee Mary Johns (Bank South Pacific), committee Barber (Deloittes), committee Penny Burns (Golder Associates), committee John Mangos (Digicel), and committee George Tipping (KG Contractors).
From left are Barber, Mangos, Seddon, Tipping, Fiocco, Walsh, Pollock, and POMCCI general manager David Conn after the annual general meeting at Grand Papua Hotel last night.-Picture by MALUM NALU

Seddon said 2012 was the first time that the annual general meeting had been deferred, the first time the POMCCI has had to do so, however, not to be outdone, Pacific Advantage magazine had described it as the “most-vibrant” chamber in the Pacific with 338 member companies in National Capital District, PNG, Australia, New Zealand, and People’s Republic of China.
“The main reason (for the deferral) was the restructuring of our chart of accounts across to Quickbooks,” he said.
“This was meant to give us more independence and responsiveness as the business had grown expotentially over the last few years.
“Needless to say, we underestimated the impact that these changes would have on our accounts and this hampered production of the final accounts and subsequent audit.”

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