Mark Drago named Chief Operating Officer at HSBC Malta

HSBC Bank Malta plc has appointed Mark Drago as its new Chief Operating Officer (COO), succeeding Svetlana Maslova, who has stepped down from the position.

The announcement was made via an official company statement to the Malta Stock Exchange on 3rd July 2025.

Mr Drago brings with him a wealth of experience, having worked with HSBC for over 38 years. Throughout his career, he has held several senior roles across the bank’s global operations, contributing to functions ranging from mortgages and retail banking to information technology, security, fraud risk and financial crime.

Since 2017, Mr Drago has served as Head of Financial Crime Compliance and Money Laundering Reporting Officer (MLRO) at HSBC Malta.

Beyond his role at HSBC, Mr Drago also serves as Chairman of the Financial and Cyber Crime and Fraud Standing Committee of the Malta Bankers’ Association (MBA) and holds a similar position within the European Banking Federation’s Financial Crime Strategy Group.