Aldo-Joseph Giordano to join Lombard Bank Malta as Non-Executive Director

Lombard Bank Malta plc on Wednesday announced that seasoned financial services industry professional Aldo-Joseph Giordano is set to join the bank as Non-Executive Director.

His appointment comes after Graham Fairclough resigned from the position on the same day as the announcement. Lombard Bank expressed its appreciation for Mr Fairclough’s “valued contribution, commitment, and dedication” throughout his years in office.

Mr Giordano was co-opted to the position, and the appointment is still subject to regulatory approval. Once regulatory approval is granted, the appointment will come into effect.

Mr Giordano has worked in the financial services industry for more than 43 years, having held senior positions at the Central Bank of Malta and the Malta Financial Services Authority (MFSA). HE had started his career at the former back in 1979, and worked at various functions at the bank, including Research and Statistics Office, Correspondent Banking and Banking Supervision. At the MFSA, he occupied positions such as Director of the Resolution Unit and Secretary to the Malta Depositor and Investor Compensation Scheme.

His previous experience also includes stints as Senior Counsellor and Consult for the Embassy of the Republic of Malta in Abu Dhabi, UAE, as well as Member of the MCAST Board of Studies, focusing on the Institute for Business and Commerce.

He currently acts as a consultant on venture capital with a Government entity.

Mr Giordano holds a Master of Science in Management from Anglia Ruskin University, as well as a Bachelor of Arts (Hons) in Business Management from University of Malta, among other qualifications.

Lombard Bank Malta is an authorised currency dealer and financial intermediary, as well as a member of the Depositor Compensation Scheme and the Investor Compensation Scheme. The bank’s origins date back to 1955, when Lombard North Central of the UK was active in Malta by accepting deposits through agents. In 1969, Lombard Bank Malta was registered as a wholly-owned subsidiary of the UK-based bank, and it is now listed on the Malta Stock Exchange.