GlobalCapital has announced the appointment of Mr James Blake as Chief Operations Officer of its Financial Services Division.

The role of the COO is taking on a wider mandate and in such capacity Mr Blake will be primarily responsible for the company’s business processes and efficiencies, implementation of operational strategy and projects together with internal support functions.

Mr Blake is a director on the main board of GlobalCapital plc and is Chairman of GlobalCapital Funds SICAV plc. Throughout his tenure with the group he has held a number of key senior roles including Managing Director of Globe Financial Management Ltd during its early development. Mr Blake has extensive knowledge of the financial services industry which he began to foster back in the early 80s during the time when he trained and worked in the City of London. He returned to Malta in the early 1990s to participate in the significant changes taking place in Malta’s financial services legislation at that time.

“I am extremely pleased to have been appointed to this role and look forward to continue contributing towards GlobalCapital’s growth. The Company has registered significant growth over the past years and I feel extremely fortunate that I have been involved in a number of important milestones that have had a lasting positive impact on the group’s operations”, said Mr James Blake.

Commenting on Mr Blake’s appointment Mr Nicholas Portelli, CEO of GlobalCapital plc reaffirmed the importance of having experienced professionals occupying key roles within the Organisation. “It is the intention of the Company to carry on investing in experienced professionals in order to strengthen the Company’s position as the Insurance Specialist in Malta. Further announcements will be made in this regard”, concluded Mr Portelli.

GlobalCapital plc is one of the leading financial services providers in Malta whose subsidiaries have been in the market for over 40 years. GlobalCapital clients enjoy health insurance from world class provider Bupa, a range of investment products from local and international markets, long-term savings and life insurance products, general insurance broking services, and prime property acquisition opportunities.

GlobalCapital plc is listed on the Malta Stock Exchange.