Peter Xuereb resigned as HSBC Malta Funds SICAV chairman and director last month, the company has said.
Prof. Xuereb quit the role on June 6.
The company said it has appointed Joseph Camilleri as director until the company's forthcoming AGM. Mr Camilleri assumed the directorship on 12 July.
The company's board is now made up for Mr Camilleri, Muriel Rutland and Steven Tedesco.