BPNG announces deputy governor’s passing

The Bank of PNG (BPNG) has sadly announced the passing of Deputy Governor Dr Gae Yandabing Kauzi on Sunday June 9th, in Brisbane, Australia.

“We convey our deepest sympathy and sincere condolences to his wife Saraim, children Youngston, Milate, Aga Mary, Gae Jnr and Alu Michael Kauzi,” said the Governor of BPNG, Loi Bakani.

A career central banker, Late Dr Kauzi served in the Bank from May 10th, 1993, in the areas of research and economics.

He was appointed assistant governor on October 3rd, 2011, and became deputy governor on July 1st, 2016 and served in this role until his passing.

He held a Bachelor of Economics degree with honours from the University of PNG, a Master’s degree in policy economics from the University of Illinois, USA, and a Doctor of Philosophy in Economics from Monash University, Australia.

The details of the funeral will be announced at a later date.

Press release