Marianne Scicluna has been appointed director general of the Malta Financial Services Authority with effect from next November 1.

The current director general, Andre Camilleri, will be retiring in August 2014.

Ms Scicluna has 18 years of experience in the regulation and supervision of financial services.

She joined MFSA in 1995 and held several senior positions within the Securities Unit.

She later served as deputy director in the newly formed Pensions Unit and was a member of the Government's Pensions Working Group.

As deputy director of the unit, she established and developed a new regulatory framework for retirement pension schemes.

Following a reorganisation of the MFSA in 2010, Ms Scicluna was entrusted with the creation of a new Authorisation Unit.

Once Malta became a member of hte European Union, she has also been involved with various working groups related to the financial sector.

Ms Scicluna is professionally qualified in finance and regulation of financial services.

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