Miguel Borg has been appointed chief risk officer at Bank of Valletta.

Mr Borg joined the bank in 2007, and is currently the bank’s chief economist.

He has held a number of key senior positions, the most recent being that of executive head risk management.

Mr Borg will be responsible for the measurement and management of all financial and non-financial risk of the BOV Group including credit risk, operational risk, conduct risk, reputational risk, banking regulation, capital management and economic research.

The bank also announced two new designations of existing chief officers: Elvia George as chief finance officer and Kenneth Farrugia as chief business development officer.

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