|
Edward Scicluna was appointed Governor of the Central Bank of Malta for five years with effect from 1 January 2021. He is a member of the Governing Council of the European Central Bank, Governor for Malta at the International Monetary Fund, the European Bank for Reconstruction and Development, and the Asian Infrastructure Investment Bank. He is Malta's Alternate Governor for the World Bank.
Between March 2013 and the end of 2020 Prof. Scicluna served as Malta's Minister for Finance, having been elected as a Member of Parliament for two successive legislatures.
Prior to March 2013, Prof. Scicluna served as a Member of the European Parliament (MEP), in the capacity of Vice-Chair of the Economic and Monetary Affairs Committee. The various Reports and Opinions for which he was responsible included the EP Report to set up the European Stability Mechanism.
He also represented the European Parliament on the European Statistical Advisory Committee of EUROSTAT. During 2013, Prof. Scicluna was appointed Chairperson of the European Investment Bank Board of Governors, and the following year the Vice-Chairperson of board of the European Bank for Reconstruction and Development.
In the past, Prof. Scicluna served as Chairperson of the Board of Governors at the Malta Financial Services Authority, and as a member of the Board of Directors and the Monetary Policy Committee at the Central Bank of Malta, Chairperson of the Malta Council of Economic and Social Development, Professor and Head of the Department of Economics at the University of Malta, and as an Electoral Commissioner.
He was appointed as a Euro Expert for Malta by the European Commission and served as Member of Malta's Euro Changeover Committee. He also served as member of the Council of Europe Development Bank Auditing Committee.
Prof. Scicluna carried out consultancy work for the European Commission, United Nations Educational, Scientific and Cultural Organization (UNESCO), the United Nations Environmental Programme (UNEP), and for the Governments of Albania, Croatia, Libya, and Turkey.
He graduated from the University of Oxford with a Diploma with Distinction in Politics and Economics, from the University of Malta with a First-Class Honours Bachelor's degree in Economics, and from the University of Toronto with a Masters and Doctorate in Economics.
The Governor of the Central Bank of Malta, Professor Edward Scicluna, announced that as from 1st August 2024 he would be temporarily stepping aside from the exercise of his function to devote more time to defend his innocence which he reaffirms, until the outcome of the court proceedings in which he is involved. The Governor designated Mr Alexander Demarco, Deputy Governor, to perform the duties of the Governor as provided in article 8 of the Central Bank of Malta Act.
|