HSBC Bank Malta plc held its annual general meeting on April 15 where all the ordinary resolutions on the agenda were approved in accordance with the bank’s memorandum and articles of association.

Subject to regulatory approval, the following persons were appointed or reappointed to sit on the bank’s board of directors: Saviour sive Sonny Portelli – chairman; Andrew Beane; Christopher Davies; Tanuj Kapilashrami; Philip Farrugia Randon; Andrew Muscat; John Bonello; Juanito Camilleri; Maryanne sive Sue Vella.

With the exception of Andrew Beane, all the directors are non-executive directors. Ms Vella who is a new member of the board, is replacing Caroline Zammit Testaferrata Moroni Viani.

During the meeting, the bank’s chief executive officer, Andrew Beane, stated that the comment published in a local English-language newspaper on April 11 that the HSBC annual report omits directors’ package details, was inaccurate.

The bank’s 2015 financial statements contain all the information that the law and the international financial reporting standards as adopted by the EU require on all matters, including emoluments paid to directors.