27 April 2005

The Web

New managing director for HSBC fund management

Charles Azzopardi has been appointed Managing Director of HSBC Fund Management (Malta) Limited following the retirement of Joseph D Camilleri. Azzopardi started his career with Mid-Med Bank Ltd in 1976, occupying various managerial roles in Finance and the Treasury areas. He qualified as an Associate of the Chartered Institute of Bankers in 1981. He has been an Associate of ACI - The Financial Markets Association since 1999, obtaining the ACI Dealing Certificate in 2002.
Between 1985 and 1990, Mr Azzopardi worked in the Investments Division of the Bank as a dealer in money and capital markets, foreign exchange and ultimately was responsible for managing the bank’s foreign investments portfolio. Between 1997 and 1999, he was the Executive Manager in charge of the Treasury’s Risk Management before taking over responsibility of the Treasury Services of HSBC Bank Malta p.l.c. between 1999 until 2004.
“Mr Azzopardi’s experience will greatly assist HSBC Fund Management in the provision of investment products and services to our customers in Malta. On behalf of HSBC, we wish him every success in this new role,” said HSBC Bank Malta plc’s Chief Executive Officer, Shaun Wallis.
HSBC Fund Management (Malta) Limited has had a successful growth since beginning in 1996. Funds under management have reached Lm213 million spread across more than 33,000 investor accounts. The company manages 15 proprietary investment funds ranging from bond, equity and balanced funds that invest both in Malta and abroad.
HSBC Fund Management (Malta) Limited prides itself on strong customer focus and ongoing investment in technology as well as the development of its human resources. Most importantly, the company also has access to the global experience and expertise of the HSBC Group Fund Management business.
“My aim is to build on HSBC Fund Management’s past achievements and use the knowledge and expertise gained through my own career to move the company forward and provide customers with the quality service and the financial results they have every right to expect,” said Azzopardi.

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