News Details

APS Bank CEO appointed Chair of the Malta Bankers’ Association

04/06/2018

Malta Bankers Association Marcel Cassar

At the Annual General Meeting of the Malta Bankers’ Association (MBA) held recently, Marcel Cassar, CEO of APS Bank, was elected as Chairperson of the board of the Association for the coming year. He succeeds Mario Mallia, CEO of Bank of Valletta p.l.c. During the same meeting, Andrew C. T. Beane, CEO of HSBC Bank Malta p.l.c., was elected Deputy Chairman.

Mr Cassar expressed his gratitude to the member banks for trusting him to lead the Association through such interesting and challenging times for the financial services industry. He looks forward to maintaining active dialogue amongst the members, with the competent authorities and also at an international level. Cassar thanked outgoing Chairman Mallia for his direction and hard work and also paid tribute to James Bonello who is retiring as Secretary General after 14 years in office which culminated a highly distinguished career in banking and financial services.

First established in 1962 as a co-ordinating and lobbying body for banks operating in Malta on sectoral issues and policies, the Association can be considered as a voice of the banking industry. Membership is open to all banks that are authorised to operate in Malta. Since 2004 the MBA is also a full member of the European Banking Federation which unites 32 national banking associations in Europe that represent some 3,500 banks employing about 2 million people and extending credit in excess of 20 trillion to the European economy. Cassar will be representing the MBA on the Board of the Federation.

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