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Trusted Novus Bank Announces Board Changes

14 July 2025 - Trusted Novus Bank (TN Bank) Announces Board Changes    

TN Bank has today announced the appointment of four new directors.

Marcus Killick OBE has been appointed as an Independent Non-Executive Chairman of the bank. Franco Cassar becomes Senior Independent Non-Executive Director (INED). Kieran Power also joins TNB as an INED and will take up the position of Chairman of the Bank’s Audit Committee. Nguyen, Dinh Tung joins as a Non-Executive Director (NED).

We also announce that Peter Caetano and Nyreen Bossano-Llamas have also stepped down as Board members of TN Bank. 

New Board Appointments 

We are pleased to announce the appointment of new Board members who bring a diverse set of skills and experience.  

Marcus Killick OBE – Independent Non-Executive Chairman

Marcus joins having previously spent 10 years as CEO of ISOLAS, Gibraltar’s oldest law firm. Prior to that he had been the youngest and longest serving head of the Gibraltar Financial Services Commission (GFSC) during which Gibraltar successfully underwent two independent reviews, one by the IMF. Both reviews commented favourably on the Commission’s regulatory approach. Internationally recognised for his regulatory expertise, Marcus was awarded an OBE for services to international financial regulation in 2014. Marcus has also served on a number on boards and currently also chairs two insurance companies.

Franco Cassar – Independent Non-Executive Director 

Franco has previously been country manager of NatWest, SG Hambros and Barclays and an INED of Turicum Bank and Ribbon PLC. He has over 47 years of retail, corporate and private banking experience in the UK and Gibraltar. He also serves as an INED on two insurance company boards and a Nasdaq quoted company. Franco served on the Board of the GFSC for nine years.


Kieran Power – Independent Non-Executive Director 

Kieran is a seasoned financial professional based in Gibraltar, with extensive experience in accountancy, compliance, and regulatory affairs.  He is a Lifetime Fellow Member of the Association of Chartered Certified Accountants and a Retired Member of the Society of Trust & Estate Practitioners. Kieran was a Partner/Director at Moore Stephens Gibraltar and a Board Member of Moore Stephens Hispania. He also served as Director of Audit at RSM Gibraltar, where he specialised in auditing entities across various sectors, including financial entities. He also held a significant regulatory role as Head of Fiduciary Services & Enforcement at the Gibraltar Financial Services Commission (GFSC) for over 12 years, plus serving as a Board Member of the Gibraltar Regulatory Authority for 13 years until March 2025.

Nguyen, Dinh Tung – Non-Executive Director

Nguyen, Dinh Tung is a highly accomplished executive, currently serving as the Head of the Europe & Africa Region for TNG Global. He brings over 30 years of international financial services experience, with a career highlighted by a 12-year tenure as Chief Executive Officer and a member of the Board of Directors of Orient Commercial Joint Stock Bank (OCB). His previous leadership roles also include serving as Deputy CEO of Maritime Commercial Stock Bank, Country Director for ING Private Banking in Singapore, and Deputy CEO of Vietnam International Bank. An innovator in finance, Mr. Tung is also the co-founder of InvestSmart Inc., a Canadian digital investment platform. He holds an MBA from Maastricht School of Management and a Master of Applied Data Science from the University of Michigan.


Statement from Christian Garcia, CEO

”Coinciding with the scheduled end of term for two highly valued members, we have announced changes to our Board of Directors. We express our sincere gratitude to Peter Caetano, Chairman, who has led the Board for the past three years, and Nyreen Llamas, Non-Executive Director, who joined the Board three years ago. Both have significantly influenced the Bank’s strategic direction, governance and overall progress.    

Peter’s steady leadership and clear vision as Chair were pivotal in guiding TN Bank through its transition to a standalone Bank, navigating the challenges of the post-COVID era, and positioning the Bank for long-term success.

Nyreen’s insights and extensive professional experience have been crucial in strengthening the Bank’s Risk Management framework.    

TN Bank remains committed to delivering value to its stakeholders and contributing positively to the Gibraltar community. Through strong governance, strategic leadership, technology and responsible banking practices, the Bank is dedicated to supporting sustainable growth and fostering long-term prosperity for its clients.

Once again, we thank Peter and Nyreen for their invaluable contributions and warmly welcome to Marcus, Franco, Keiran and Mr Tung to the Board.”