TISA BANK ANNOUNCES APPOINTMENT OF NEW ACTING CEO
TISA Bank Limited has appointed Luke Kaul as the Acting Chief Executive Officer, effective February 16, 2026.
According to TISA, this strategic appointment, endorsed by the TISA Bank Board, ensures strong leadership and continuity as the Bank continues to expand its footprint in the financial sector.
Kaul, a seasoned veteran of the industry, brings over a decade of leadership experience to the role. His extensive background spans retail banking, lending, and risk and compliance, with a career defined by operational scaling and the development of high-performing, cross-functional teams.
In his capacity since 2018 as Group Chief Operating Officer of TISA Group, Kaul has played a fundamental role in the Group’s expansion. He has been instrumental in overseeing group- wide operations, executing core strategies, and building institutional capacity that drives the Bank’s success today.
TISA Bank Chairman, Moses Koiri, today noted that the appointment is a key component of the Bank’s commitment to its customers and stakeholders.
“Luke has a deep and comprehensive understanding of the financial sector,” said Koiri.
“With his strategic leadership at the helm, we are confident that this appointment will ensure the continuity, stability, and effective oversight necessary as we pursue our long-term strategic objectives.”
“The appointment is subject to a fit and proper assessment by the Bank of Papua New Guinea.”
Luke Kaul will lead the Bank in the interim while the Board undertakes a formal, comprehensive recruitment process for a permanent Chief Executive Officer.
TISA Bank has also acknowledged the contribution of its former CEO Sunil Pokharel.