Augustine currently serves as Managing Director and Chief Executive Officer of Mineral Resources Development Company (MRDC), a position he has held since March 2008.
In addition to holding a Master’s of Science in Petroleum Economics from Dundee University, Scotland, he holds a double Degree in Economics and Arts majoring in Environmental Science from the University of Papua New Guinea.
Augustine has extensive experience in the mining and petroleum industries with a focus on business development and investment management. He has previously served as a consultant to the Department of Petroleum and Energy. In his current role with MRDC, he manages major investments in property development and hospitality.
He serves as a director of MRDC and numerous related companies, Bank South Pacific, PNG Air, Hevilift Group and other private companies. He is also Chairman of the Pearl South Pacific Resort in Fiji, Star Mountains Plaza in PNG and Taumeasina Resort in Samoa.
Augustine is currently chairman of the OTML Audit and Risk Committee.