July is always the month that opens business planning season at APS Bank. Board members and senior management came together at Malta Mariott Hotel & Spa in St Julian’s for an intense, full-day of presentations and discussions on the Bank’s strategy, with a primary focus on future-proofing the business model.
Subject matter experts were invited to share their knowledge and experiences with the leadership team. External speakers and moderators were Balazs Czimer, Partner, and Valeria Laszlo, Associate Partner from McKinsey & Co who presented the keynote topic of “Banking in 2030.” Additionally, the agenda covered a range of other subjects delivered by colleagues from a cross-section of departments and units.
Commenting about the outcome of the Strategy Offsite, CEO Marcel Cassar said: “Future-readiness is about becoming more resilient, shoring up existing revenue streams and developing new ones. We achieve this by being innovative, creative, and by caring for our customers, employees and investors. The next phase of the planning cycle sees the setting of high level objectives by end-September, leading to the further modelling and detailed work on the 2024-2026 plan targeted to be finalised by November.”
