HSBC Bank Malta plc has appointed Charles J. Farrugia as its director on the board of Tug Malta Ltd in replacement of Ing. Nicholas Baldacchino.

Shaun Wallis, chief executive at HSBC Bank Malta plc, thanked Mr Baldacchino "for his long and loyal services as the bank's director on Tug Malta" and added that "in retiring you can do so in the knowledge of having served the board, the company and HSBC, with distinction, professionalism and integrity."

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