Desiree Cassar and Kylie Vassallo appointed to key roles at Lidion Bank

Lidion Bank plc has announced significant appointments, with Desiree Cassar appointed as Chairperson of the Audit Committee and member of the Risk Committee, while Kylie Vassallo has been appointed as a Compliance Officer.

Dr Cassar also sits on the company’s board of Directors as a Non-Executive Independent Director.

She earned her Doctorate in Law from the University of Malta in 2003 and was admitted to the Maltese Bar in 2004.

Dr Cassar advises clients across various sectors and has delivered lectures and seminars on specialist topics over the years.

She is a member of the Chamber of Advocates and the Institute of Financial Services Practitioners, and previously served on the Board of the National Commission for Further and Higher Education, now the Malta Further and Higher Education Authority.

In addition, Kylie Vassallo has been appointed as the bank’s Compliance Officer, succeeding Francesca Briffa Polidano, who will continue to serve as Company Secretary.

Ms Vassallo has previously worked at APS Bank as a Regulatory Oversight Compliance Manager, and Senior Regulatory Compliance Officer. Before that, she spent six years at HSBC under various roles, including Senior Anti-Money Laundering Officer.

Both appointments of Dr Cassar and Ms Vassallo have received approval from the Malta Financial Services Authority (MFSA), with the Bank expressing its enthusiasm for these new roles.

Featured Images: Desiree Cassar / LinkedIn / Lidion Bank