The Malta Development Bank (MDB) has announced that Alison Micallef has taken on the duties and responsibilities of the CEO role to ensure continuity in the bank’s leadership until further notice.

The news comes as Paul V. Azzopardi retired from the position of CEO. He led the institution for five years – two as Deputy CEO and three as CEO.

According to her LinkedIn profile, Ms Micallef began her career at APS Bank, where she spent seven years as a supervisor. In 2005, she moved to Vienna to join Raiffeisen Bank International AG, also for a seven-year stint.

She then took on the role of Head of Risk Management at Western Union, again based in Vienna, where she remained for three years.

In 2017, she joined Finastra as a Solution Architect, and in 2020 she took up the position of Deputy Chief Risk Officer at Santander Consumer Bank Österreich.

Featured Image:

Alison Micallef / LinkedIn

Related

Silvano Azzopardi appointed to Board of Directors of Global Legal Entity Identifier Foundation

9 July 2026
by Kevin Schembri Orland

GLEIF had been set up and tasked with developing a universal identifier for legal entities involved in financial transactions.

Engineering leaders urged to drive innovation responsibly as Chamber of Engineers looks to the next decade

23 June 2026
by Nicole Zammit

A recent conference brought together 27 speakers from across the public and private sectors, academia and industry.

Why continuous learning and development has become a leadership imperative

17 June 2026
by MaltaCEOs

Regulatory change and technological disruption are amongst the things that have transformed leadership into a discipline that requires constant development.

Conrad Aquilina appointed Financial Services Director at EBO.ai

15 June 2026
by Kevin Schembri Orland

Conrad Aquilina has over 15 years of senior leadership experience in technology and commercial strategy.