MSV Life, the life assurance company, has appointed Enrico Depasquale legal and compliance officer.
Dr Depasquale, who graduated from the University of Malta in 2005, joined the company in February 2006 and formed part of the MSV Life’s Benefits Unit where his main responsibilities included all the legal aspects of life insurance claims.
Chief executive officer David Curmi said the appointment followed the implementation of the board’s mandated initiative to transform MSV Life into a self-sufficient, stand-alone company.
A venture between Middlesea Insurance plc and Bank of Valletta, MSV Life has just rebranded from Middlesea Valletta Life Assurance Co. Mr Curmi added Dr Depasquale’s appointment served to strengthen the important compliance function, an essentialelement of an effective system of governance which provides for the sound and prudent management of MSV Life’s business.