At the Annual General Meeting of the Malta Bankers' Association held recently, Mario Mallia was elected as Chairman of the Association's Board for the coming year.

Mr Mallia, who is CEO at Bank of Valletta, acknowledged the significance of the MBA's valid contribution within the local financial services community, and said that he looked forward to further enhancing the Association's role and standing during his term as Chairman. 

"All the 28 banks currently operating in Malta are members of the MBA, which can therefore represent itself as the voice of the banking industry in Malta", said Mr Mallia.

This voice is also carried by the MBA in European fora through its full membership of the European Banking Federation, which incorporates 32 national banking associations representing 4,500 banks with 2.5 million employees. 

In his capacity as MBA Chairman, Mr Mallia will also be representing the Association on the Board of the European Banking Federation.