New HSBC Malta CEO is Andrew Beane

Andrew Beane has been appointed CEO of HSBC Bank Malta, where he will succeed Mark Watkinson who has been appointed Chief Executive Officer of HSBC Bank Bermuda Limited.

Beane will take up his new position with effect from 2 November 2015. Both appointments are subject to regulatory and other approvals.

Andrew Beane is currently Chief of Staff to the CEO of HSBC Europe, Middle East & Africa and a member of the Executive and Risk Committees of HSBC Bank plc, the parent company of HSBC Bank Malta.

He joined HSBC in 2002 and has worked principally in the areas of Commercial Banking and Strategy & Planning with assignments in the United Kingdom, United Arab Emirates, Hong Kong and the United States. Andy returns to Malta having worked for a short period with the bank in 2003 in the risk department.

Chris Davies, CEO HSBC International, said: “Thanks to the wealth of international banking experience that Andrew Beane brings to this role, he is very well positioned to continue implementation of our strategy to position HSBC as the leading international bank and the bank of choice for customers. I would like to thank Mark Watkinson for successfully leading the bank during the past years and wish him well in his next role.”

Mark Watkinson said: “It has been a great privilege to work in Malta for the past four years during which, as Malta's largest international bank, we continued to build a strong, sustainable business whilst supporting the local economy and helping Maltese businesses grow globally. I thank the Board, management, staff, our customers and all stakeholders for their ongoing support. I look forward to welcoming Andrew in Malta in the coming weeks as he takes over the leadership of the bank.”