The Malta Financial Services Authority (MFSA) revealed that CEO Joseph Gavin has decided to ‘retire early’ and will thus be stepping down from his role ‘later this year’.
This follows a period of six weeks, starting on 15th June, when Mr Gavin was ‘indisposed’.
In light of such events, Michelle Mizzi Buontempo was appointed Acting CEO of the authority on that same day. Mr Gavin went on to make a temporary return to the MFSA on 29th July.
The outgoing CEO was appointed to his role in September 2021, following an open call for applications through local and international channels.
Before joining MFSA, Mr Gavin acted as General Counsel within the Central Bank of Ireland at a time in which the Irish regulator was undergoing significant policy and structural change.
Mr Gavin was more recently employed as Partner and Head of Financial Services at an Irish law firm, providing specialist input in areas relating to regulation and enforcement in financial services.
He previously worked as Associate Director – Infrastructure – Markets at KPMG Malta for more than five years.
Joanne Bondin was speaking during the association’s 59th AGM, focusing on the need for an economic transformation that moves people ...
Over the year, it recorded increases in profitability, driven by a rise in loans and advances to financial institutions and ...
Malta has been criticised for its slow implementation of anti-currption recommendations made five years ago.