HSBC Malta has announced that regulatory approval has been granted for the appointment of Mandy Falzon as its Chief Compliance Officer.
Dr Falzon, who joined the bank’s legal department in 2006 and went on to join the bank’s Regulatory Compliance Function and eventually serve as Deputy Head of Regulatory Compliance, is replacing Anthony Abela in the CCO role, upon his retirement in January.
The appointment was announced on 5th January, and is effective from 25th March 2021.
He takes over from Alejandro Gosttuski, who will now take on the role of an Advisor.
The company, set to launch soon, will seek to provide clients with ‘customer-centric and innovative’ financial services.
The Malta Stock Exchange recently joined other exchanges for the inaugural Ring the Bell for Climate initiative.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.