New head of commercial banking at HSBC

Michel Cordina has been appointed head of commercial banking at HSBC Bank Malta plc. Mr Cordina takes over from Richard J. Cottell, who has been appointed senior vice president and head of corporate banking, British Colombia, Canada with effect from June 1.

Mr Cordina was deputy head of commercial banking at HSBC Malta. He was recently seconded to HSBC UK as head of sales performance in commercial banking at the bank’s headquarters in Canary Wharf, London.

Mr Cordina, an Associate of the Chartered Institute of Bankers, has over 29 years of banking experience. He started his career in the branch network, working in both the personal and commercial areas of the bank. He later moved to work in other head office and support departments.

In 2006, he was appointed deputy head of operations and shortly afterwards he was appointed head of business transformation for HSBC Malta. Mr Cordina was also the programme manager responsible for bringing the HSBC Contact Centre operation to Malta, which today employs over 500 staff.

Alan Richards, director and CEO of HSBC Bank Malta thanked Mr Cottell for his three years of service in Malta and wished him the best of luck in his new role in Canada. Mr Richards also congratulated Mr Cordina on his appointment as head of commercial banking.