For the first time in recent years the MBA, in conjunction with the Institute of Financial Services (IFS) Malta and the London Institute of Banking & Finance (LIBF) and supported by the MFSA, organised on the 5th and 6th June, a training programme for bank Non-Executive Directors (NEDs). The programme content was delivered by Mr Andrew Cunningham from the LIBF, a specialist in corporate governance and bank risk and regulation.
This well-attended programme was opened by the MBA Chair Marcel Cassar and MFSA CO Supervision Dr Christopher Buttigieg who both made the point that good governance is important for the safety and integrity of the financial system while stressing the important role played by NEDs in this regard, by challenging executive management and keeping them accountable. The panel discussion on the second day proved to be a very engaging and interesting debate moderated by Mr Cunningham. The panellists themselves featured seasoned participants in the area of financial services of the likes of Mr Kevin J Valenzia (former Managing/Territory Partner, PwC Malta), Adv. Filip Moerman (Senior Counsel and former Senior Partner, at Cleary Gottlieb, Steen & Hamilton), Adv. Andre Camilleri (Member, ECB Administrative Board of Review and former MFSA Director General) and Mr Nikolaos Grapsas (Deputy Head Banking Supervision MFSA).
The MBA Chair stated that “the event, thanks to the good preparation of all concerned, coupled with the engagement of the audience, turned out as interactive and interesting as we had hoped for.” He also stressed that the feedback from the participants themselves was excellent and was a great example of collaboration between the MBA and the IFS which bodes well for future activities, conducted by the MBA in the pursuit of good knowledge partnerships with other entities.
Please follow this link to the welcome remarks delivered by Marcel Cassar.
Left to right: Andrew Cunningham, Kevin J Valenzia, Andre Camilleri, Filip Moerman and Nikolaos Grapsas.