The Malta Development Bank (MDB) has announced the appointment of Alison Micallef as Chief Executive Officer, effective immediately.

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.

Ms Micallef brings over three decades of experience across domestic and international financial institutions, having had leadership roles throughout most of her career.

According to her LinkedIn profile, she 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.

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