MFSA names Aldo Giordano Director of Resolution Unit

The Malta Financial Services Authority (MFSA) has announced that its Board of Governors has appointed Aldo Giordano as Director of the regulator’s Resolution Unit. The appointment came into effect on January 1, 2016.

Mr Giordano first joined the MFSA in 2002 as Deputy Director within the Banking Supervision Unit which encompassed both licensing and policy areas. He represented the MFSA in a number of local and foreign working groups. Prior to joining the MFSA, he worked at the Central Bank of Malta, holding positions within the Research and Statistics Office, Correspondent Banking and Banking Supervision. Mr Giordano spent 14 years in the latter department gaining experience in on-site and off-site monitoring of banks as well as in the compliance and licensing of such institutions.

During the past five years he was involved in the discussions at European level on Bank Recovery and Resolution Directive (BRRD), the Single Resolution Mechanism Regulation (SRMR) and the Intergovernmental Agreement on the Single Resolution Fund. Mr Giordano also played a vital role in the transposition of the BRRD into Maltese Law as well as to the amendments in the MFSA Act establishing the Resolution Authority. He represents the MFSA as a voting member in the Resolution Board and the Resolution Committee of the European Banking Authority.

You can view the full announcement on the appointment by clicking here.

Read Also: