Members of the Institute of Financial Services Practitioners elected a new council and president during the institute’s AGM.

Outgoing president Juanita Bencini thanked the council and members for the support offered to her over her three terms. She welcomed the recent reorganisation at the MFSA and in particular the appointment of  Joseph Cuschieri as CEO.

The reorganisation, she said, should allow the Authority to tackle the task of regulating a fast-changing sector, and to continue to provide the service levels everyone in the industry had come to expect.

In particular, she thanked the outgoing chairman of the MFSA, Joseph Bannister, for having through his unstinting efforts, put Malta on the map for financial services.

She outlined the efforts of the Institute over the previous 12 months, all aimed at consolidating and improving the financial services industry in Malta, many of which the Institute continues to pursue through representations to the authorities on a variety of issues which have an impact on the sector as well as on the broader economy and reputation of Malta.

Ms Bencini emphasised that it is up to practitioners to uphold Malta’s standing as a reputable and reliable financial services centre and indeed, as an attractive jurisdiction in which to conduct business.

It is up to practitioners to uphold Malta’s standing as a reputable and reliable financial services centre.- Juanita Bencini

Wayne Pisani, the incoming IFSP president and the new IFSP council thanked Ms Bencini for her work.

The IFSP Council for 2018/19 is made up of: Wayne Pisani, president; Andrew Manduca, vice president; Rosanne Bonnici, honorary secretary; and  Robert Attard, Stephen Attard, Juanita Bencini, Juanita Brockdorff, Nick Captur, Chris Curmi, Neville Gatt, Chris Naudi, Mirko Rapa, Kevin Valenzia, Andrew Zammit, Andre Zarb and Andre Zerafa.

The Institute of Financial Services Practitioners has more than 400 members.