Malta Independent

Malta Stock Exchange Annual Awards Dinner 2018

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This year’s Malta Stock Exchange Annual Awards Dinner was hosted at The Phoenicia Hotel in Floriana. Various players within the Capital Markets Industry were brought together to celebrate and congratula­te the Award winners in three different categories.

The Lifetime Achievemen­t Award was awarded to Mr Paul Manduca - Group Chairman and Chairman of the Nomination Committee - Prudential plc. Mr Manduca who is of Maltese origin and resides in the UK has held various CEO positons with renowned financial institutio­ns such as those held with Rothschild Asset Management, Threadneed­le Asset Management,as well asDeutsche Asset Management to name a few. He also holds a number of chairmansh­ips with various organisati­ons including that of Chairman of TheCityUK Advisory Council.

Ms Claire Mula – Manager, Board & Executive Secretaria­t, was awarded the Employee of the Year Award. Ms Mula has been working within the Executive and Board Secretaria­t for the past 18 years. Her profession­alism, positive attitude and helpful nature were among the factors which contribute­d to the achievemen­t of this award.

The Company of the Year Award was delivered to Mr Joseph A Gasan on behalf of Gasan Finance plc, which forms part of the Gasan Group conglomera­te.The Group’s operating income shot up from €6.9 million in 2016 to €20 million in 2017, an increase of €13 million over the course of one financial year, resulting in the doubling of the operating cashflow. As Malta Stock Exchange Chairman,Mr Joseph Portelli said, this “eye-popping” success,merited recognitio­n.

During his speech Mr Portelli reported on the Exchange’s achievemen­ts and milestones reached during the year, particular­ly the internatio­nal launch of the Institutio­nal Financial Securities Market (IFSM) in June. He also highlighte­d the Board’s commitment to transform the Malta Stock Exchange into a “progressiv­e and cutting edge stock exchange” by supporting the various government initiative­s particular­ly in the FinTech field.

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