HSBC Bank Malta plc has announced the appointment of Steven Marc Beddow as its new Chief Risk Officer (CRO).
The appointment is subject to regulatory approval.
Mr Beddow will be succeeding Gerard Walsh, who will be relinquishing the post of CRO from 4th November 2022.
The new CRO is an Oxford graduate, having obtained a Bachelor’s and Master’s degree in Modern Languages from the University of Oxford.
Throughout his 20-year tenure with HSBC, Mr Beddow has worked in the Channel Islands and Isle of Man, Monaco, France, the UK, the US, Mexico, UAE, Canada, and Hong Kong.
His latest role was that of Chief Risk Officer for HSBC Channel Islands and Isle of Man, which operates across multiple jurisdictions with multiple lines of business.
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 highly experienced in sales and wealth management within the international financial services sector.
During the first quarter of 2024, APS Bank reported €5 million in pre-tax profit, 63.5% lower than the same period ...
He states that he is ‘eager to leverage strategic insights and drive financial excellence’ to Vistra’s clients.
Retail Marketing Ltd CEO Jonathan Shaw believes Malta should join forces with other island nations that face similar logistical challenges.