Casingena will take over his new responsibility from 1 January 2013.

The assignment has come soon after he completed a five-week assignment in Vietnam and Hong Kong under HSBC’s program for identifying talent-related opportunities.

During the course of the assignment, Casingena had joined HSBC Group colleagues to launch wealth management pro-ducts and led a series of training programmes for HSBC Premier relationship managers.

"One of our primary goals was to tap the local market by driving the launch of open-ended funds. This operation ran smoothly after coordinating a great deal of preparatory work and talks with the fund managers in Vietnam," timesofmalta.com quoted Casingena as saying.

Vietnam is considered as one of the fastest growing businesses for HSBC, with a population of 90 million and home to 1,600 HSBC employees.