NBCL CEO THORNTON RESIGNS ON MEDICAL GROUNDS

THE National Banking Corporation Limited advised that Paul Thornton has resigned from his role as Chief Executive Officer on medical grounds, effective last week.

National Banking Corporation Limited Chairman Darrell Seeto, on behalf of the Board, thanked Mr Thornton for his contribution during a pivotal period in the Bank’s transformation, noting that his experience and leadership helped strengthen the organisation’s strategic direction and operational foundations throughout 2025.

The Bank is assuring customers and stakeholders that operations will continue with stability and confidence, with the Executive Committee collectively leading the organisation under clear direction and oversight from the Board to ensure continuity during this transition period.

Mr Seeto says, NBCL remains firmly on its pathway toward independence and long-term growth, including its ambition to become a publicly listed company on the PNG Stock Exchange and thanked staff, customers and shareholders for their continued trust and support as the Bank prepares to enter 2026 with confidence and focus.