IPA and APEC commend official

The APEC Senior Official for Papua New Guinea and Managing Director of the Investment Promotion Authority Mr. Ivan Pomaleu, has commended the achievement of his Director Investor Services and Promotion Division, Mr. Clarence Hoot who was recently awarded an MBA with Specialization in International Business.
Mr. Hoot is also a key person in the APEC arena as he sits as co Convener in the Investment Experts Group (IEG).
In congratulating Mr. Hoot, Mr. Pomaleu expressed that the qualifications and skills acquired were relevant to Mr. Hoot’s line of duties given his influence in trade issues within the region.
“Mr. Hoot has been making his presence felt since 2013 in the APEC arena where he chairs the sub group IEG, a very important technical committee under the Committee for Trade and Investment under the APEC structure,” Mr. Pomaleu said.
“It is a testimony of the training policy of the IPA and how this policy has been building the capacity of officers of the IPA,” he added.
Mr. Hoot acquired a Master of Business Administration with a Specialisation in International Business from the University of Southern Queensland, Australia.
With this achievement, the IPA can now cross off one of its aims to have all the divisional Directors scaled up to a Masters level.