HSBC Bank Malta has named Philip Farrugia chief technology and services officer with effect from January 1.

The post is currently occupied by Sally Robson whose cross-posting from HSBC UK is coming to an end after almost five years in Malta.

Mr Farrugia, who has been employed with the bank since 1969, has occupied a number of senior posts in branches and head office departments. In 1980, he was seconded to the home loan company (Lohombus), rising to lead the company as deputy general manager and company secretary. In 2005, he was appointed head of service delivery for the bank, and has been a member of the executive team for five years.

“Philip has had a distinguished career with the bank over many years, and deserves the opportunity to lead our talented operations and technology teams,” HSBC Malta chief executive Alan Richards said.

“Over the last five years, Sally has played a significant part in the development of HSBC in Malta, and has been instrumental in leading the transformation of most of the bank’s infrastructure, technology and support services, and many of the bank’s most significant projects such as euro conversion and single European payment area. We will miss her drive and energy, and wish her well with her future career.”