HSBC Bank Malta p l c : Manfred Galdes appointed new HSBC Bank Malta Chairman
April 24, 2024 at 05:09 pm EDT
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News Release
23 April 2024
Manfred Galdes appointed new HSBC Bank Malta Chairman
Dr Manfred Galdes has been appointed as the new Chairman of HSBC Bank Malta, succeeding John Bonello who announced his decision to retire, after 11 years of service, during the AGM held in April. The retirement of John Bonello from Chairman and Director of the Bank and the appointment of Manfred Galdes as Chairman are with effect from 23 April 2024.
Geoffrey Fichte, Executive Director and Chief Executive Officer of the Bank, said: "I would like to pay tribute to our Chairman, John Bonello, after 11 years of service, 5 years of which as Chairman. He has chaired our bank with unwavering commitment, dedication and integrity. For this we are grateful, and we wish him and his family well for the future.
I am delighted to congratulate Manfred Galdes on his appointment, as the next Chairman of HSBC Bank Malta. Manfred has been a Non-Executive Director of the bank for nearly three years and already knows our business very well. The high regard with which he is held locally and across the HSBC Group makes him ideally placed to lead HSBC Bank Malta's board for the coming years."
John Bonello said: "It has been an honour for me to serve on a board of a subsidiary of a great international bank that is HSBC. I am grateful for the ongoing support I have received from my colleagues on the board, the executives and bank employees in whichever role. I have met with only professionalism and dedication in a very respectful working environment. I know that Manfred Galdes will lead the board of the bank with enthusiasm and integrity. I wish him and this bank every success. I will look back at this chapter with fond memories."
Manfred Galdes said: "I am deeply honoured by the trust that has been placed in me to lead the board of HSBC Bank Malta. While expressing my sincere gratitude to John Bonello who has been a truly inspirational figure for this bank and its people, I look forward to working with my fellow directors and the bank's executive team to continue to improve the bank's offering to better serve our customers."
Photocaption: from the left John Bonello, outgoung HSBC Bank Malta Chairman and
Dr Manfred Galdes new Chairman for HSBC Malta
This news release is issued by
Registered Office:
HSBC Bank Malta p.l.c.
116 Archbishop Street, Valletta VLT1444
Web: www.hsbc.com.mt
HSBC Bank Malta p.l.c.
HSBC Bank Malta p.l.c. is a member of the HSBC Group, whose ultimate parent company is HSBC Holdings plc. HSBC Malta provides a comprehensive range of financial services which are all designed to meet the expanding requirements of its large client base of personal and corporate customers. These include Wealth and Personal Banking, Commercial Banking and Global Markets. Registered in Malta number C3177. Registered Office: 116, Archbishop Street, Valletta VLT 1444, Malta. HSBC Bank Malta p.l.c. is regulated and licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap. 370 of the Laws of Malta) by the Malta Financial Services Authority.
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,967bn at 31 December 2022, HSBC is one of the world's largest banking and financial services organisations.
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HSBC Bank Malta plc published this content on
23 April 2024 and is solely responsible for the information contained therein. Distributed by
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24 April 2024 21:08:10 UTC.
HSBC Bank Malta p.l.c. (the Bank) is a Malta-based company, which is engaged in providing financial services including retail Banking and wealth Management, commercial banking and global banking and markets. Its segments include Wealth and Personal Banking (WPB), Commercial Banking (CMB) and Global Markets (GM). The WPB segment offers a range of products and services to meet the personal banking and wealth management needs of individual customers. The CMB segment offers a range of products and services to serve the needs of commercial customers, including small and medium-sized enterprises, mid-market enterprises and corporates. These include credit, lending, international trade, and receivables finance. GM provides tailored financial solutions to corporate and institutional clients. Its subsidiaries include HSBC Life Assurance (Malta) Ltd, which is engaged in life insurance business and HSBC Global Asset Management (Malta) Limited, which is engaged in portfolio management services.