BNF Bank plc on Monday announced that Glen A. Smith has joined the bank as Chief Risk Officer, with effect from 1st August 2023. The appointment is subject to regulatory approval by the Malta Financial Services Authority.

This comes after Maruska Buttigieg Gili handed in her resignation from the role last October, putting an end to a 15-year career at the bank. She remained in office up till the end of 2022, during which time BNF Bank had already started a process to identify a suitable replacement “within the shortest time possible”.

Mr Smith is an experienced financial services professional with over 30 years of experience in financial services and banking, primarily specialising in risk and regulation.

Over the course of his career, he has occupied various senior management roles across international financial markets in both retail and commercial banking.

Prior to his new role at BNF Bank, he held the role of Senior Risk Manager at HSBC Continental Europe, based in the Paris Head Office. His responsibilities included the management and oversight of wholesale credit risk activities, reporting, regulatory risk and controls, covering France, Germany, Malta, and other territories.

With 12 branches spread across Malta and Gozo, BNF Bank has grown to become a key player in Malta’s financial services industry, offering a wide portfolio of products for both personal and business clients.