Industry Updates

CSB Welcome New CEO Joseph Horn-Smith

Joseph Horn-Smith - new CEO of CSB Bank Cook Islands

Capital Security Bank (CSB) announced the appointment of Mr Joseph Horn-Smith as its new Chief Executive Officer, effective January 2024. 

Horn-Smith, who previously served as CSB’s Chief Operating Officer, brings a wealth of experience and a proven track record in financial services to his new leadership role.

Horn-Smith has been a driving force behind CSB’s operational excellence and strategic initiatives. Beyond his business achievements, Horn-Smith has demonstrated significant leadership skills through his accomplishments in both the business and sporting arenas.


“(Horn-Smith) has been instrumental in driving operational excellence and strategic initiatives across all business areas, and possesses a wealth of experience and an enviable track record in financial services.” remarked Heinz Matysik, Chairman of the CSB Board of Directors.

“His strategic vision, commitment to innovation, and demonstrable ability to lead in a rapidly evolving market position him as the ideal candidate to guide CSB through its next phase of growth.”

Horn-Smith succeeds John Evans, who played a pivotal role in CSB’s success for over a decade, initially as the Chief Operating Officer and later as the Chief Executive Officer. 

“CSB’s Board of Directors expresses its deepest appreciation and gratitude to Mr. Evans for his outstanding leadership and contributions during this time.” 

During his tenure at CSB, Evans served on the Cook Islands Financial Services Development Authority (Cook Islands Finance) Board of Directors as a representative of the Banking Sector.   

“John (Evans) has been a steadying influence, having served on the on the Board for a number of years,” stated Cook Islands Finance CEO Tony Fe’ao. 

“His pragmatic, no-nonsense approach to the challenges the financial services industry faces was an absolute asset to the Authority. We wish him every success on his future endeavours.”

Upon the announcement, CSB assured its valued customers that the planned transition “shall not in any way impact its day-to-day operations or its commitment to maintaining and enhancing its capital strength and financial stability.”


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