By Staff Reporter

PNG's New Tisa Bank to Begin Operations on Oct 21 with Focus on Hiring Fresh Graduates

8/10/2024

PNG's Tisa Bank is set to begin operations on October 21, with a strong focus on hiring fresh graduates, according to chief executive officer Sunil Pokharel. The bank, which unveiled its new bilum-inspired logo on Saturday, is preparing to launch its services to the public while expanding its workforce to accommodate its growing operations.

CEO Sunil Pokharel revealed that Tisa Bank currently employs 150 staff members but aims to increase that number to 600 by next year. He emphasized the bank's commitment to providing equal opportunities for graduates from tertiary institutions. "We plan to grow our workforce significantly, reaching 400 employees by the end of this year and increasing that number to between 500 and 600 next year," Pokharel said.

The bank will open its first branch in Port Moresby's Waigani area on October 21, followed by expansions to other major centers including Lae, Mt Hagen, and Kokopo. An official inauguration ceremony is scheduled for October 18, after which Tisa Bank will begin offering its full range of services to the public. “We are excited to start operations in Waigani before moving into other regions,” Pokharel added.

Tisa Bank already has 17 branches across the country and plans to offer banking services through these existing locations. Customers will be able to open accounts immediately, although some transaction services, including cash handling, will be introduced gradually. "Our goal is to have all 17 branches fully operational for banking services in the near future," Pokharel explained.

As part of its expansion strategy, Tisa Bank will also focus on hiring and training graduates fresh out of college. The bank will provide them with comprehensive training programs to help them transition smoothly into their new roles. "We are excited about bringing in graduates who, after a month of training, will be ready to contribute to our operations," Pokharel noted.

With a mission to empower young professionals and grow its services nationwide, Tisa Bank is investing in developing new talent. The CEO expressed confidence that the bank’s focus on training and expanding its workforce will drive long-term success and benefit its customers across Papua New Guinea.

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