ASX-listed BSP Financial Group has announced the appointment of Mark T. Robinson as its new group CEO following a rigorous and competitive global executive search process.
BSP, which ranks as the largest banking group in the South-Pacific region, described Mr Robinson as a senior financial services executive and globally experienced banking CEO.
He has more than 30 years of experience across developed, developing and emerging markets, and was previously CEO of ANZ’s operations for Southeast Asia and the CEO of the United Arab Emirates-based publicly listed bank Commercial Bank International.
Mr Robinson has also previously held a number of senior executive roles at Citibank including in India, Russia, Turkey and Hungary.
Commenting on the appointment, BSP chairman Kostas Constantinou said that Mr Robinson had invaluable expertise across global emerging markets in wholesale, retail and investment banking, and was ideally suited to lead the bank in its next phase of growth.
Mr Robinson’s appointment has received the approval of the regulator, the Bank of Papua New Guinea, and BSP said that his start date will be dependent on receipt of work permit and visa approvals from the authorities in Papua New Guinea.
The banking group landed itself in hot water last year over alleged serious breaches of AML rules and potential breaches of prudential standards around directorship tenure limits.
Jon Bragg
Jon Bragg is a journalist for Momentum Media's Investor Daily, nestegg and ifa. He enjoys writing about a wide variety of financial topics and issues and exploring the many implications they have on all aspects of life.
