Svetlana Maslova has been named as HSBC Bank Malta plc's new Chief Operating Officer, replacing Elizabeth Hardy in the position, the bank shared on Tuesday. The appointment is subject to regulatory approval.

This comes as Ms Hardy’s three-year secondment to the position will come to an end on 30th June 2023. Ms Maslova’s appointment will come into effect on the following day.

New HSBC Bank Malta COO Svetlana Maslova / LinkedIn

This appointment comes just over a month since Geoffrey Fichte was announced as HSBC Bank Malta’s new CEO, replacing Simon Vaughan Johnson, who will be relinquishing his post due to retirement in April.

Ms Maslova joins following 15 years at HSBC Group, during which time she has worked in a number of its entities across Europe and Asia. She has held a number of key roles in the group’s retail and wealth management and digital business services, including Head of Group Wealth Business and Performance Management in Hong Kong, and most recently, Head of DAO Change Delivery in Poland.

She has previously worked in Malta, having served in various roles at HSBC Group’s local operations for eight years, including as Customer Due Diligence and Anti-Money Laundering Manager for more than a year.

Outgoing HSBC Bank Malta COO Elizabeth Hardy

Ms Maslova holds a bachelor’s degree in Philology and English Language from Udmurt State University, and also has certificates for Financial Advice and Management Accounting. She is also an accredited career coach through HSBC.

HSBC has been operating in Malta since 1999, providing a range of financial services including retail banking and wealth management, commercial banking and global banking and markets. It is also active in the areas of life assurance and fund management.