BNF Bank announced that David R Power has been granted regulatory approval as the bank's new CEO, and will be replacing the current CEO Michael Collis starting 1st January 2023.
Mr Power brings with him extensive experience in the banking industry from several reputable jurisdictions.
The Malta Financial Services Authority (MFSA) has communicated its approval of Mr Power and will proceed to formally approving him upon the satisfaction of all regulatory formalities.
BNF Bank confirmed that no matter concerning Mr Power requires disclosure under Capital Market Rules 5.20.5 to 5.20.9.
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