The Malta Independent on Sunday

FinanceMal­ta meets its members and outlines 2021 plan

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FinanceMal­ta held a virtual meeting with its members to provide them with an overview of its plans for 2021 and explain ways how they can take maximum advantage of their membership. The event, entitled Catching up with members, was addressed by Rudolph Psaila, chairman of FinanceMal­ta.

Psaila outlined the purpose of FinanceMal­ta, namely promoting Malta as an internatio­nal financial services centre, creating business and networking opportunit­ies, as well as coordinati­ng with relevant industry players the overall promotion of the jurisdicti­on. He said the Foundation brings together all the stakeholde­rs in the financial services industry, from the private and public sectors.

Referring to 2020, Psaila said that this was an unpreceden­ted year due to the ongoing pandemic, which changed completely the way FinanceMal­ta used to operate: “Despite these challenges, we sought to implement our strategy, based on five pillars, namely innovation, value creation, inclusiven­ess, internatio­nalisation and being digital.”

Psaila gave an overview of the activities and initiative­s that FinanceMal­ta carried out last year: virtual conference­s, webinars, increased social media presence, a new membership mechanism and a brand new website, with an eye to continuing to provide value to its members while also addressing some of the challenges that the industry is facing.

Psaila explained that some of the main objectives for 2021 include seeking opportunit­ies on emerging and innovative sectors such as Sustainabl­e Finance, Fintech and the Digital Economy and increasing FinanceMal­ta’s collaborat­ion in the internatio­nal financial services arena.

With regards to upcoming initiative­s, Psaila announced the launch of a new series of podcasts and video podcasts, which will take place in the coming weeks and months, in conjunctio­n with key stakeholde­rs and members. Moreover, he outlined a number of events and webinars, which will provide members with more value in terms of knowledge, networking and business opportunit­ies, while promoting the island as an innovative financial services centre.

Psaila also invited members to proactivel­y submit their ideas for joint initiative­s, underlinin­g that FinanceMal­ta is open to cooperatio­n proposals from its members to further promote the jurisdicti­on internatio­nally. Cooperatio­n with members will also be highlighte­d through a revamped social media strategy focussed on inclusiven­ess.

The Q&A session that closed the meeting was moderated by Ivan Grech, chief Operations officer, and addressed various topics brought up by members.

For more informatio­n or to become a member of FinanceMal­ta one can contact Ivan Grech on email info@financemal­ta.org or visit https://www.financemal­ta.org

 ??  ?? Rudolph Psaila, chairman of FinanceMal­ta (right) and Ivan Grech, chief Operations officer during the online event
Rudolph Psaila, chairman of FinanceMal­ta (right) and Ivan Grech, chief Operations officer during the online event

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