Organisational change continues at APS Bank

Published by
The Malta Business Weekly

The recently announced senior management appointments at APS Bank correspond well with its core values of being contemporary and driven by excellence. Indeed, some of the changes reflect the dynamic approach which the Management adopts in the design and running of the organisation.

Describing the changes, CEO Marcel Cassar explained that they reflect the forward-looking attitude of a modern banking group that is constantly updating itself. “Take the new position of Head of Culture, for example. Previously we had a Head of Marketing who covered the usual areas of marketing, PR, CSR, brand strategy and communications. All of that speaks about the way we present ourselves externally to our customers, to the world; but we also invest considerably in how we present ourselves internally, the way we do things – our organisational culture. So why not bring together the two and speak of one ‘Culture’ that embraces the vision and mission right across?”

Other changes taking place refer to the reporting line of the Head of Support (now into the CFO) and the widened remit of the Head of Operations (reporting into the COO) to encompass the digitisation project. Also, the Head of Transformation and her team, until now reporting into the Chief Strategy Officer, will start reporting directly into the CEO. “These changes are subtle but significant, as they confirm that the Bank’s change agenda is particularly built around improving agility and efficiency”, Cassar concluded.    

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

Recent Posts

‘Labour migration policy doesn’t mention housing,’ UHM says as unions, employers react to document

Unions and employer bodies have begun providing their initial reactions to the labour migration policy…

18 hours ago

Security and the Polish Presidency of the Council of the EU

On 1 January, Poland assumed the presidency of the Council of the EU. What does…

18 hours ago

Italy approves permit for the development of Malta-Sicily second interconnector

Italy's Environment Ministry has given its last and final approval to Malta to develop the…

19 hours ago

TCNs entrance in Maltese labour market to be regulated by new policy

Isaac Saliba The government yesterday presented a labour migration policy which, in the words of…

19 hours ago

How the stock market defied expectations again this year, by the numbers

What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried…

2 weeks ago

Editorial: 2024 problems will spill into 2025

The year is approaching its end and it is time to take a look back…

3 weeks ago