IPBC Appoints New GM Projects

Monday August 10, 2015 – IPBC has appointed Ms Carolyn Blacklock to the position of General Manager, Projects as it continues to deliver a growing number of major infrastructure and sectoral projects within its portfolio.

The position provides leadership in a range of existing and new projects and investments within IPBC and its State Owned Enterprises.

IPBC is instrumental in delivering positive outcomes in projects such as the Lae Tidal Basin, the Port Moresby Sewerage System Upgrade Project (POMSSUP), the Ramu 2 Hydroelectric Project and the Port Moresby Port Relocation Project. IPBC will continue to lead the development of projects that provide a long-term benefit to PNG.

Ms Blacklock’s experience as a specialist in infrastructure finance and implementation will be a great asset to IPBC.

Following a childhood growing up in remote, far North West Queensland, Carolyn forged a successful career in banking, firstly in retail, and then on to commercial, then investment banking with ANZ, Westpac and most recently, the International Finance Corporation (IFC) where Carolyn served as Resident Representative, Papua New Guinea from 2010 to early 2015.

Carolyn has worked in senior finance roles across Asia and the Pacific for over a decade and has considerable experience in infrastructure finance. In her capacity as head of IFC, the private sector arm of the World Bank, Carolyn was instrumental in finance being provided for the first time to a PNG landowner company and the establishment of the Business Coalition for Women.

Carolyn has also briefly worked in the construction industry and was responsible for large scale infrastructure development in the Pacific in her role as Pacific Regional Manager for NZ company, Hawkins Infrastructure.

Carolyn has a postgraduate degree in International Development from Deakin University, Australia and is passionate about Papua New Guinea and playing an instrumental role in delivering infrastructure and services to its people.