The Malta Financial Services Authority announces the appointment, of its Board of Governors. This appointment was made by the Prime Minister in virtue of article 6 of The Malta Financial Services Authority Act (Cap.330).
The Board of Governors, presided by the Chairman, sets out policy and general direction and is assisted by the Legal and International Affairs Unit. The new board, effective as from 1st January 2015 will be composed as follows:
Chairman
Prof. Joe V. Bannister B.Sc, M.Sc, D.Phil (Oxon)
Members
Prof. Josef Bonnici is the Governor of the Central Bank of Malta. He served as Member of the European Court of Auditors, with responsibility for the institution's Statement of Assurance. He is a former Professor of Economics at the University of Malta, and served as Parliamentary Secretary of Finance and Minister for Eco-nomic Services.
Dr. Joseph Brincat Graduate in Economics, Arts and Laws, and a Civil Servant dur-ing his studies. After graduating in Law, he has practiced law in the Courts of Mal-ta since 1970, as well as in the Human Rights Court in Strasbourg. He served as a Member of Parliament for more than 30 years, some of which as a Minister for Justice. He was a representative of Malta in the Council of Europe for 17 years.
Mr. Frans Camilleri has spent 36 years at Air Malta, with responsibilities ranging from market research, through fleet planning, strategic planning, aircraft procurement and leasing, insurance and fuel management to corporate affairs. He has previously held positions on numerous companies boards, ranging from Airline boards, to a large commercial bank, hotels, insurers, and a leasing company. He possesses an academic background in Economics, having studied at Oxford and East Anglia Universities. He is a past President of Skål International Malta. Mr Camilleri currently also occupies the position of Chief of Staff in the Office of the Deputy Prime Minister.
Dr. John Consiglio teaches Banking Regulation and International Banking Law in the Department of Banking and Finance in the University of Malta, and related subjects in other University Institutes. His experience includes working with financial institu-tions in Malta and overseas such as Barclays, Mid-Med, and HSBC banks, judiciary appointments in Malta's Fiscal Tribunals, and public enterprise secondments as Chairman and Managing Director.
Ms. Lauren Ellul is a Certified Public Accountant and holds a Practising Certificate in Auditing. Ms Ellul has experience working within an advisory function of a leading accounting firm for a number of years, and held the position of Senior Manager within the Corporate Finance Team. She is also a full-time lecturer at the University of Malta in financial management and in cost and financial accounting. She holds an Executive Masters in Business Administration, accredited by the University of Edinburgh in association with École Nationale des Ponts et Chaussées (ENPC) School of International Management, Paris, and KPMG. She completed her Executive MBA in 2002 and placed first in the final year of the programme. She is currently reading for a PhD in Accounting and Finance at the University of Birmingham. Ms Ellul is also a Fellow Member of the Malta Institute of Account-ants.
Mr. Herbert Zammit Laferla possesses experience in the financial services sector spanning across 40 years at the Central Bank of Malta, during which he served as the Director responsible for Banking Supervision and Director responsible for the Financial Stability Division of the Bank. During this period Mr Zammit Laferla also served as the Deputy Chairman and Acting Chairman of the Financial Intelligence Analysis Unit. He also acted as an advisor to the Council of Europe monitoring Committee of Ex-perts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL Committee).