Michael Collis

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

Related

Marie Lou Cassar appointed Regional Hub Leader at Aon

12 June 2026
by Nicole Zammit

She brings three decades of experience in Malta's financial services sector.

Betconstruct AI, which has a regional office in Malta, appoints new CEO

11 June 2026
by MaltaCEOs

Betconstruct AI is a technology and service provider for the online and land-based gaming industry.

Veracloud brings operational security to Greece’s first neobank

11 June 2026
by MaltaCEOs

Veracloud empowers organisations to embrace digital transformation with confidence while building a resilient and future-ready digital ecosystem.

Anabel Armeni Cauchi appointed co-Chair of European Banking Authority’s standing committee

11 June 2026
by Kevin Schembri Orland

Anabel Armeni Cauchi is Deputy Head of Banking Supervision at the Malta Financial Services Authority.