Andre Psaila and Mario Borg have been appointed new governors of the Malta Financial Services Authority.

Mr Psaila has been working with the Central Bank of Malta in the Investment Department for the past 10 years, where he currently holds a senior management position. Over the years, he participated in various ECB working groups and he is now a member of the EU Sovereign Debt Markets committee. He has also given technical assistance on sovereign bond issuances to the Treasury Department and he is currently a member of the Public Debt Management Advisory Committee.

Mario Borg occupied several senior positions, mainly in economic analysis/modelling and policy formulation, and had the opportunity to lead the drafting of some major government publications. Along the years, he headed the Macroeconomic Forecast Unit within the Economic Policy Department and was an economic advisor at the Ministry for Finance. Later on he was appointed Director Economics and Business Statistics within the National Statistics Office.

These positions offered him the opportunity to work closely with international institutions and agencies such as the IMF, Eurostat and DG ECFIN, participating among others in various technical working group and committees including the LIME WG, the Forecast Experts Group, and Output Gap WG. He is currently a policy advisor working on the regulation of DLT, Fintech, and Financial Services and is a member on the Blockchain Taskforce.