Namani Capital Partners Limited (NCP) has welcomed the Securities Commission of Papua New Guinea’s (SCPNG) launch of the Centurion Licensing System, describing it as a significant step forward in strengthening transparency, regulatory efficiency, and service delivery within Papua New Guinea’s capital markets.
Speaking at the official launch held at the Hilton Hotel in Port Moresby, NCP Managing Director, Mr Hubert Hanjause Namani, said the digital licensing platform reflects the Commission’s commitment to modern regulation and building investor confidence.
“The launch of Centurion is a step forward for transparency, regulatory efficiency, and stronger engagement between the Commission and licensed entities. These are the foundations of a trusted and growing capital market,” Mr Namani said.
Mr Namani said the establishment of Namani Capital Partners was shaped by years of engagement with landowners involved in Papua New Guinea’s resource sector, many of whom aspire to protect and grow their wealth through disciplined investment structures and broader participation in capital markets.
“Our inspiration came from landowners in major resource projects who asked how they could move from payments to prosperity and build individual and intergenerational wealth. Working in Lihir, in particular, reinforced our conviction that Papua New Guinea needs strong, independent, and professional trust and investment structures that reflect our national context,” he said.
As a 100 per cent nationally owned and licensed capital markets entity, NCP reaffirmed its commitment to bridging cultural realities with commercial discipline to enable more Papua New Guineans to participate meaningfully in capital markets.
Mr Namani said wealth in Papua New Guinea carries responsibilities to family, clan, and community, making strong governance, transparency, and professional management essential to building long-term value and confidence.
NCP also acknowledged the Securities Commission’s management and staff for their constructive engagement and support in helping local firms meet regulatory standards.
“The Commission’s approach of strengthening standards while supporting local firms to meet them builds national capacity and protects the integrity of the market,” Mr Namani said.
The company further recognised the Minister’s ongoing advocacy for increased national participation in the capital markets, including policy direction encouraging major resource companies to consider listing in Papua New Guinea to expand local investment opportunities.
Looking ahead, NCP said a stronger capital market would be defined by greater transparency, increased listings, locally relevant investment products, and wider participation, particularly from landowner communities and provinces hosting major resource projects.
Namani Capital Partners reaffirmed its commitment to working collaboratively with SCPNG, the Government, and industry stakeholders to strengthen capital market integrity and expand local participation through professionally governed trustee and investment structures.