Photo credit: Papua New Guinea Today
Mark T. Robinson has been named group chief executive officer of Bank of South Pacific Financial Group Limited.
With over 30 years of experience in establishing, developing, and emerging economies, Mr. Robinson is a senior financial services executive and a seasoned banking Chief Executive Officer.
Mr. Robinson is the best candidate to lead the bank in its next stage of expansion, according to BSP Financial Group Chairman Sir Kostas Constantinou. Mr. Robinson has important knowledge in global emerging markets in wholesale, retail, and investment banking.
Following a thorough and comprehensive worldwide executive search, managed by Ashurst Board Advisory, which took into account highly qualified applicants from throughout the world and the Pacific area, Mr. Robinson was appointed.
Sir Kostas stated that Mr. Robinson's track record of creating and carrying out strategic plans that included high-quality revenue growth across several geographies, including operating in difficult situations, impressed the Board.
Sir Kostas said that Mr. Robinson had extensive knowledge of the banking industry in the Asia-Pacific area and was well-versed in many different international economies.
Chief Executive Officer of Commercial Bank International, a publicly traded bank with headquarters in the United Arab Emirates, Chief Executive Officer of ANZ Banking Group's operations for Southeast Asia, and a number of senior executive positions with Citibank, including ones in India, Russia, Turkey, and Hungary, are just a few of Mr. Robinson's previous positions.
Mr. Robinson expressed his happiness at having been given this position in such a dynamic area with so much promise.
He claims that BSP Financial Group has a highly talented staff and is well down the path of digital transformation. He adds he is looking forward to working with the team to further enhance customer experience and look into new growth potential.
The regulator, the Bank of Papua New Guinea, has approved Mr. Robinson's appointment; the date of his start will be decided once PNG officials have approved his work permit and visa.
In the meanwhile, Sir Kostas expressed his deep appreciation to Robin Fleming, the departing CEO.
According to him, Mr. Fleming's efforts have helped the bank raise its profitability from K407 million in 2012 to K1, 075 million in 2021, dramatically develop its client base and deposits, and spread BSP throughout the area since his appointment in 2013.
Mr. Fleming, according to Sir Kostas, has also spearheaded the digital transformation initiative, which is essential to the long-term viability and future of the Bank.
After 42 years with the Bank, Mr. Fleming leaves BSP at the end of this year.
Reference: Papua New Guinea Today (3 November 2022). “Bank of South Pacific Financial Group ltd appoints new CEO”.
