Press Release - 05/02/2024

Christian Bjørløw, CEO of Trusted Novus Bank, steps down having completed the transition from Jyske Bank to Trusted Novus Bank, after 37 years with the Bank.
The Bank would like to thank Christian for his tremendous dedication to the bank. Christian was appointed CEO in 2007 following a 5 year period as Manager of Private Banking. Christian has always had the bank’s stakeholders at the forefront of his decisions during his tenure as CEO. He leaves the Bank, in a very strong position being recognised locally as “the Bank of Choice” as it continues its development as an “out of the ordinary” Bank, tracing its roots in Gibraltar to 1855.
His continued dedication and aspiration to providing the best place to work in Gibraltar, via his value-based leadership approach, has ensured opportunities and growth for all employees within the Bank.

In the last 4 years, Christian has ensured a successful transformation from being a subsidiary of a larger bank to an independent strong local bank. With this transformation complete, the Bank and Christian have agreed by mutual consent for Christian to step down, as the Bank moves to the next phase of its growth and development in Gibraltar.

Trusted Novus Bank is very pleased to announce that Christian Garcia will be appointed to the post of CEO, subject to regulatory approval. Christian has until now been the Chief Risk Officer at TNB. After a short spell in audit and assurance, Christian has since accumulated over 20 years of experience in financial, operational and risk management roles in both private banking and retail sectors. He works closely with the local community through his ongoing presidency of the Gibraltar Bankers Association and membership of the Gibraltar Finance Centre Council. More recently he has a permanent representation on the Business Key Advisory Group at the University of Gibraltar. He holds 2 Fellowships within 3 Royal Charters in accounting, banking and investment services (ACCA, CBI and CISI respectively).

Additionally, the Bank is appointing John O’Hara, current Chief Operating Officer, as Deputy CEO. John has over 20 years of experience in the banking sector, having worked in TNB for close to 11 years in various client facing and operational roles. He is part of the executive function in the Senior Management Team of the Bank with responsibility for Concepts, Operations and Credit. John is an MBA and law graduate and also holds postgraduate qualifications in governance and risk management as well as company direction.