BNF Bank plc’s Board of Directors on Tuesday announced that Michael Collis, the bank’s CEO and Managing Director has advised the board of his wish to retire at the end of 2022.
Mr Collis has occupied his current position at BNF Bank for over five years. The BNF Bank Board offered its sincere thanks and gratification to Mr Collis for his exceptional service throughout the past five years at the helm of the bank, leading it to become one of the main financial institutions in Malta.
In view of this decision, the Board of Directors have also announced the appointment of David R. Power as the bank’s new CEO starting on 1st January 2023. This appointment is subject to regulatory approval.
Mr Power brings with him extensive experience in the banking industry from several reputable jurisdictions.
Featured Image:
Michael Collis / LinkedIn
This event brought together leading international speakers, innovators, and BOV’s in-house experts.
He has served as Director of the bank’s Belgian subsidiary, MeDirect Bank S.A., since January 2021.
The ‘return of vehicles’ rule would have imposed disproportionate burdens on Malta’s trailer and truck operators.
Prime Minister Robert Abela announced the new measure on Sunday, saying it will protect workers from exploitative employers who don’t ...