Mr Bonello was appointed as Non-Executive Director of HSBC Malta in July 2013 and is presently Chairman of the bank’s Audit Committee and is a member of the bank’s Risk Committee. He is a Chartered Accountant and a Certified Public Accountant, and was formerly the Chairman and Senior Partner of PwC in Malta, retiring from this post in December 2009.

“I would like to extend my best wishes and thanks to my colleague and friend Sonny. He has been an exceptional chairman of our board during a period of great change in our bank. His experience and personal qualities have enabled him to lead the board with unwavering courage and integrity,” Mr Bonello said.

“I am greatly honoured that the majority shareholders have placed their trust in me by appointing me as chairman. As we enter the next phase, our board will continue to support our executive and management teams as they build a stronger and safer customer-focused bank in the interests of our depositors, our customers, our shareholders, our people, our brand and the jurisdiction as a whole,” the newly-appointed chairman added.

“It has been an honour and a privilege to serve as the Chairman of HSBC Malta for the past 12 years. Throughout this period I have worked with a talented and determined HSBC executive team, and I wish them all the best for the future,” said Mr Portelli.

“I also want to take this opportunity to extend my congratulations to John on his appointment who I am sure will lead HSBC Malta with eminent leadership and strategic vision. As a bank, we believe in doing the right thing, so it is only befitting that I step down after serving for 12 consecutive years, the maximum term possible, as mandated by the best practice governance guidelines,” the leaving chairman added.

“I would like to pay tribute to our Chairman Sonny Portelli after 12 years of service. Sonny has chaired our bank with distinction through a period of unprecedented change in the financial services industry. He leaves with our thanks and admiration, and we wish him and his family well for the future,” said Andrew Beane, Executive Director and Chief Executive Officer of HSBC Malta.

“I am delighted to congratulate John Bonello on his appointment, subject to regulatory approval, as the next Chairman of HSBC Malta. John has been a Non-Executive Director of HSBC Malta for nearly six years and already knows our business very well. The high regard with which John is held locally and across the HSBC Group makes him ideally placed to lead HSBC Malta’s board in the next phase of our strategy,” Mr Beane added.

The post HSBC Malta announces new chairman first appeared on The Malta Business Weekly.

“I’m very proud of these new appointments. This is a great achievement for both our people and our firm. I believe Mark and David will contribute to the success of PwC Malta and provide high-quality services to our clients and markets. They set our firm’s purpose in motion: to build trust in society and solve important problems,” says David Valenzia, Territory Senior Partner at PwC Malta.

Mark Lautier joined PwC Malta in 2005 after graduating as Doctor of Laws from the University of Malta. He subsequently completed the diploma in taxation offered by the Malta Institute of Taxation and a Masters in Taxation from the Institute of Advanced Legal Studies (University of London).

Mr Lautirer advises a wide range of local corporate and international clients on various tax and legal matters. He also lectures at the University of Malta and the Malta Institute of Taxation. “Over the years, Mr Lautirer has acquired strong experience in direct and indirect taxation and also specialised in corporate, financial services and shipping matters,” PwC says.

David Leone Ganado joined PwC Malta’s assurance service line as an ACCA student in 2000. He gained practice experience across a wide range of industry sectors including periods of secondment to PwC Boston and PwC London. Since 2008, he has managed the firm’s Accounting Advisory Services offering in which he provides accounting advice and support within the contexts of IFRS and GAPSME, the local GAAP accounting framework.

Mr Ganado has acquired experience in the implementation of IFRS requirements as well as advice in IFRS financial statement disclosures. He also delivers client and in-house training in financial accounting. Additionally, he supports the Malta Institute of Accountants through membership in the Local Regulatory Committee, has been a member of the GAPSME technical working groups set up by the Institute and has lectured financial accounting to ACCA students.

The post PwC Malta welcomes new partner and director first appeared on The Malta Business Weekly.

Mr Gray was appointed as the Chairman of the Board of Directors of Angler Gaming Plc from the very start of the company. He also acted as the CEO from July 2016 until September 2018, when he stepped down from the CEO position due to health problems. Still Mr Gray continued to serve as a director on the Board of Directors.

“David brought his remarkable passion, experience and energy to Angler Gaming Group. With his extensive expertise and competence in the gaming sector, David has provided an invaluable contribution to the growth and success of the company throughout the years. He will be sorely missed by the company,” Angler Gaming Group says in the announcement.

“The entire Angler Gaming Group mourns this loss,” the statement adds.

Angler Gaming Plc is a Maltese holding company listed on the Swedish stock exchange. It invests in companies which provide gaming services over the internet. Angler Gaming’s core business is to own and administer shareholding in internet gambling companies, the company says.

The post Angler Gaming director dies at 67 first appeared on The Malta Business Weekly.