TISA successfully goes live with new core banking system – Flexcube 14.7

Teachers Savings and Loan Society (TISA) today announced that it has successfully completed the migration to its new core banking system – Flexcube.  Michael Koisen, Group CEO for TISA said: “We have successfully migrated our core banking systems from Ultracs into the latest version of Flexcube 14.7 on Wednesday 5 June.”  “The migration was seamles...

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TISA Announces 2023 Financials

Today, the Teachers Savings and Loan Society Group (TISA Group) announced a profit of K50.4 million after taxes and a record balance sheet of K1.18 billion for the 2023 financial year.  In an announcement today, Board Chairman Gabriel Tai said, “TISA has made a modest total income increase of K2.1 million in 2023 and an increase in Group Assets by ...

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TISA’s Group CEO named Most Trusted Financial Services CEO, 2024

   We are pleased to announce that Michael Koisen, our Group CEO for Teachers Savings and Loan Society (TISA), has been named Most Trusted Financial Services CEO in the APAC CEO of the Year Awards, 2024.  The APAC Awards hosted by the APAC Insider is a prestigious awards program that distinguishes, and recognizes hardworking CEOs dedicated to innov...

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TISA announces new Foundation CEO

TISA today announced John Simango has been appointed as the new Chief Executive Officer for the TISA Foundation, reporting to the Group CEO for TISA. Mr Simango has joined from his previous post as Executive Director for Grow PNG which is a nonprofit organisation that supports and progresses inclusive and sustainable agricultural programs for rura...

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TISA women leaders attend GABV Leadership Academy in Italy

TISA is proud to announce that two of our women leaders, Anna Leidimo and Jennifer Galindo have been enrolled to participate in the Global Alliance for Banking Values (GABV) Leadership Academy Program.  The four-month hybrid program commences with an immersion module in Padua, Italy from 26 to 29 February.  Anna, our Head of People and Culture, an...

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TISA partners with PNG IWEC to support women entrepreneurs

TISA is partnering with PNG Indigenous Women Entrepreneurs Connect (PNG IWEC) to support local women entrepreneurs involved from micro/informal businesses to aspiring and women-led businesses in PNG. Under this partnership, TISA is providing funding support of K200,000 to PNG IWEC, a pioneering social enterprise committed to empowering local women ...

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