24 August 2023

Marie Stopes PNG and Trends PNG Limited emerged as the overall Employer of the Year winners alongside Ramu Agri Industries Limited in the 2022 Nasfund Employers Awards. Ramu Agri Industries Limited secured the Chairwoman’s Category A Award, while Category B and C went to Marie Stopes and Trends PNG Limited respectively. The event was held to acknowledge employers who faithfully adhered to Nasfund’s superannuation procedures.

These three (3) distinguished companies were among a total of 9 other awardees across 5 categories, and an additional 22 runner-ups for both first and second place, all recognized during the 5th Annual Employer Awards event hosted by Nasfund on Friday, August 18th, 2023.

All Winners in the Nasfund Employer Awards 2022.

Present to deliver the keynote address, Florence Willie, the Executive Director of Employer Federations of Papua New Guinea, praised Nasfund for hosting this prestigious event annually that acknowledges and celebrates exceptional employers.

Also representing Nasfund as a Board Director, she stated that,

“The Annual Employer Awards holds significance in Nasfund’s journey since 2018, aimed at fostering stronger collaboration between contributing employers and the Fund, all in the pursuit of fulfilling a single obligation, and this is to ensure members’ well-being during retirement.

The achievement of this event was the result of unwavering determination and accurate assessment of employers that demonstrated compliance with the Superannuation Act.”

Nasfund’s Chief Executive Officer, Rajeev Sharma in referring to the event, highlighted that these awards served as proof to employers who upheld the values of compliance, integrity, and excellence as outlined in the Superannuation Act throughout 2022.

Category A Chairwoman’s Employer of the Year Winner – Ramu Agri Industries Limited receiving their award from Nasfund Chairwoman Tamzin Wardley.

Rajeev also clarified that the Awards’ criteria were structured to evaluate employers’ adherence and compliance over a specific period from 01 January 2022 up to 31 December 2022.

“This innovative selection matrix indicates that some winners from the previous period, despite their steadfast adherence to the superannuation act and corresponding prudential standards, might not be recognized as winners this year.

To ensure transparency, the selection process underwent scrutiny by external auditors from Deloitte.”

Shamiso Charamba, representing the external auditor Deloitte, also provided an official statement affirming that,

“(Deloitte) has thoroughly assessed and confirmed that all winners have fully satisfied the prerequisites for their respective categories.”

Category B Chairwoman’s Employer of the Year Winner – Yumi Health PNG T/A Marie Stopes PNG receiving their award from Nasfund Chairwoman Tamzin Wardley.

The best-performing employers were awarded according to the following categories:

  • Category A – Employers contributing more than K100,000 per month.
  • Category B – Employers contributing between K50,000 and K100,000 per month.
  • Category C – Employers who contribute less than K50,000 per month.
Category C Chairwoman’s Employer of the Year Winner – Trends PNG Limited receiving their award from Nasfund Chairwoman Tamzin Wardley.

Winners from these three categories were then based on the respective awards as follows:

  • Most Compliant Employer in Mandatory Contributions
  • Category A – K92 Mining Limited
  • Category B – Kainantu Resources Limited
  • Category C – Electrical Services & Supplies Limited
  • Best Employer with Employer Voluntary Contributions
  • Category A – Ramu Agri Industries Limited
  • Category B – Yumi Health PNG T/A Marie Stopes PNG
  • Category C – Cardno (PNG) Limited
  • Best Employer with Member Voluntary Contributions
  • Category A – PNG Union Mission of the Seventh–Day Adventist Church
  • Category B – Yumi Health PNG T/A Marie Stopes PNG
  • Category C – Trends PNG Limited
  • Most Compliant in Account Maintenance
  • Category A – Exxon Mobil PNG Limited
  • Category B – Fubilan Catering Service Limited
  • Category C – Werec Insurance Brokers Limited
  • Best Non-Mandatory Contribution Employer
  • Category A – Sed Optical Eye Care
  • Nasfund Chairwomen’s Award
  • Category A – Ramu Agri Industries Limited
  • Category B – Yumi Health PNG T/A Marie Stopes PNG
  • Category C – Trends PNG Limited

The Fund also used the opportunity to announce Papua New Guinea’s Women’s Cricket team, the Lewas as the new brand ambassadors of Nasfund for the next 3 years.

Chief Executive Officer, Rajeev Sharma with representatives of the PNG Womens Cricket Team – Lewas during the partnership announcement.

General Manager, Marketing, Communication, and Research, Turaho Morea when making the announcement explained that,

‘’As the new flag bearers of the Nasfund brand, Nasfund will be supporting the Lewas team with their superannuation contribution as well as promoting gender equality and inclusivity for women in super.’’

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