Papua New Guinea, Sept. 17 -- The World Bank has announced the appointment of Han Fraeters as the World Bank's Division Director for Papua New Guinea, Solomon Islands, and Vanuatu, effective September 16, 2025.Mr. Fraeters' appointment comes at a critical juncture for Papua New Guinea as it marks 50 years since its independence and 50 years of partnership with the World Bank Group. This first-time appointment of a Director level position based in Port Moresby reflects the World Bank's commitment to moving Bank leadership closer to clients, marking a global shift toward faster, more effective, and higher-impact development support. Over the past 12 years, the World Bank has expanded its portfolio more than sevenfold across Papua New Guinea a...