Sir Wilson Kamit
Sir Wilson Kamit, CBE, Kt, from Northern Province, was the Sixth Governor, who served between August 5th , 1999 and December 8th, 2009. A career Central Banker who progressed up to Deputy Governor for Operations.
He holds a Bachelor Degree in Economics from the University of PNG. He oversaw the introduction of the new Central Banking Act and Banks & Financial Institutions Act of 2000 that gave greater independence to Bank of Papua New Guinea with a more focused set of roles and functions. The new Acts came into place as part of the reforms in the financial sector of Papua New Guinea after years of financial mismanagement.
The Central Bank also took on the responsibility of supervising the superannuation funds and life insurance companies in the early 2000s.