‘Our first ever town hall was a resounding success, and it won’t be our last’ – BNF Bank CEO

BNF Bank CEO David Power has described the bank’s first ever town hall meeting which was organised in April as a “resounding success”, before revealing that it won’t be the last one to be held.

The meeting was a forum hosted by the bank’s management with the aim of directly engaging staff in its agenda. It brought together the bank’s 200 plus strong employee base from different units, departments, and branches, to discuss issues, share ideas and ask questions in an “open and interactive” manner.

BNF Bank’s Executive Officers set the tone for the meeting by announcing a series of new staff benefits, and then also gave a detailed update on the bank’s operational progress and intended investments, together with its ongoing digital transformation, projections, as well as future plans. They also highlighted the bank’s “accomplishments, strong balance sheet and positive financial results”, ultimately integrating its “robust systemic position” in the market and local economy.

A significant amount of importance was given to a dedicated question and answer session, where team members engaged in open conversations, asked questions, put their concerns across and also provided feedback, to which management replied in a transparent manner.

Commenting on the event, Mr Power stated that it gave “everybody the chance to speak and share ideas, put forward suggestions and voice challenges and concerns”.

He also remarked that through the meeting, management could “clearly articulate the bank’s strategy, vision, values and goals and explain in detail the manner in which this will be achieved”.

At the end of the town hall meeting, team members were presented with a BNF Bank branded pack including tech items and stationery, in order to provide a “more comfortable and productive work environment”.

Mr Power commenced his new role as CEO at the bank at the start of the year, after he his appointment was granted regulatory approval in November. In doing so, he replaced Michael Collis, who had led the bank from 2017 up until 2022. Mr Power possesses over 30 years of global experience in conventional and Islamic banking, and now also heads BNF Bank’s Executive Committee.