Following a previous announcement made by HSBC Bank Malta p.l.c on 22nd September, the bank has now confirmed that regulatory approval has been obtained for Steven Marc Beddow to take on the role of Chief Risk Officer (CRO).
The appointment becomes effective from 7th November.

Mr Beddow succeeds Gerard Walsh, who relinquished his post on 4th November.
The new CRO has been working at HSBC for the past two decades, having held roles in the Channel Islands and Isle of Man, Monaco, France, the UK, the US, Mexico, UAE, Canada, and Hong Kong.
His new role in Malta will not be the first CRO role Mr Beddow has occupied. In fact, prior to taking on this position he was CRO for HSBC Channel Islands and Isle of Man.
Mr Beddow has also held a number of Directorial positions, served on country-level executive committees, led transformation work, and has co-sponsored a country level diversity and inclusion committee.
He is an Oxford graduate, having obtained a Bachelor’s and Master’s degree in Modern Languages from the University of Oxford.
The issue, he argues, lies in how professional life continues to be structured as if parenting does not exist.
This role requires him to serve as the founding strategic leader of the newly established centre.
Thomas Agius Ferrante will focused on strengthening The Xara Collection as one of Malta’s most known hospitality companies.
Andrew Hogg is also Executive Director at The BrewHouse Malta.