"to provide on-going financial education and certified training,
whilst constantly responding to the ever-changing realms within
the local and international financial services industry"
historical dates and milestones ...
1960 - by end of 1960 a number of Bank Officials joined forces, shaping the then known "Malta Institute of Bank Officials", paving the way to fulfill key prerequisutes to become the official representatives of the Chartered Institute of Bankers (UK) and a local centre for banking training
1961 - the Malta Institute of Bank Officials is officially accepted as the local centre representative for the Chartered Institute of Bankers in London. Its operations were wound up and taken over by the newly formed "Malta Centre". Inauguration took place at the Exchange in Valletta on the 21st December 1961. 500 people were in attendance at the official opening ceremony and the address conveyed by the First President, Mr. L.E. Galea (1961 - 1972)
1965 - the Malta Centre took the first initaitives to provide local tuition and a banking course initially organised and held at MCAST
1979 - Malta Centre licensed by the Educational Authorities in terms of the Educational Act 1974 to run its own courses, making the Banking education the cornerstone of its existence.
1981 - The Malta Centre opened its own evening school and became an examining body, awarding the Certificate in Banking, which received official recognition by the Institute in London for direct entry to Stage 2
1989 - started the first vocational courses within Malta's education system leading to the "Certificate in Banking" delivered at the then Paolino Vassallo Upper Lyceum
1996 - the "Certificate in Banking" gets approved by the University of Malta senate to be an entry into the University degree course (plus an Intermediate Level in Mathematics)
1999 - the Committee proposes changes to the Malta Centre statue, giving it a higher status for a local training Institution. Approved by the 1999 General Meeting
2001 - rebranding of the Institute profile, from "Malta Centre to todays known Institute of Financial Services - Malta ("ifs Malta")
2009 - Strategic relationship with CLT International (UK). ifs Malta in conjunction with CLT, offers the first ever Diploma in Fund Administration in Malta.
2010 - strategic relationship with the ICA (International Compliance Association) & with First Finance - Training and Consulting
Kenneth B. Micallef, President ifs Malta. Elected to the ifs Malta Committee in 2003 where he has occupied a number of roles including responsibility for the Institute's activities, member of the research sub-committee and an active participant in a number of projects. Kenneth is a Chartered Banker and has worked for Bank of Valletta since 1993 where he is currently Head of the Bank's Fgura Business Centre. He has performed a number of other roles within the Bank, both at retail and head office level. Kenneth is also Executive Secretary of the Board of the BOV Joseph Calleja Foundation.
Vice President, International
Mr. Calleya was elected to the Committee in 2003 and has served in various roles and committees before being appointed Vice President in 2012. He also serves as an elected Executive Board Member of the EBTN. Mr Calleya has been a financial services practitioner for over 29 years and held the position of Head of Strategic Planning and Captial Management for HSBC Bank Malta before taking up his current role of Senior Marketing Manager International for HSBC Europe. Mr. Calleya is a Visiting Senior Lecturer and examiner at the University of Malta. He is also a UK Chartered Banker, UK Chartered Marketer and a Fellow of the UK Institute of Financial Services.
Vice President, Education Director
Elected to the Committee in 1996. Currently, the Hon Treasurer of the Institute and member of the Executive Committee. Works for Bank of Valletta plc as Executive Head at Naxxar Branch and has been in the employment of the Bank for 38 years. Interim has undertaken a number of roles in various areas.
Anatoli Grech currently holds the position of Group Chief Compliance Officer for the BOV Group. He previously held the role of Executive Head of Group Compliance at Bank of Valletta plc and before that he was Head of Strategy and Regulatory Affairs at Valletta Fund Management Limited, the asset management subsidiary of Bank of Valletta plc (now BOV Asset Management). He previously occupied various roles at Lombard Bank Malta plc. Anatoli is the Executive Secretary of the Malta Asset Management Association. He was elected to the Committee of the Institute of Financial Services in 2014 and has since occupied the position of Honorary Secretary of the Institute's Committee and is appointed a member of a number of sub-committees. Anatoli holds an MBA from the University of Malta and an MSc from Aberdeen Business School.
Student Relations Officer
Elected to the Committee in 1996 and has occpuied the position of Education Director for twleve years. In 2002 was elected Fellow of ifs. He currently holds the position of Head of Human Resources and Administration Department of the Central Bank of Malta.
Student Relations Officer
Elected Committee Member since 2000, she spent two years in the capacity of Secretary. Ms Zammit also served on a number of sub-committees of which, Education and Activities, where in the latter served also in the role of Activities Director. She has also collaborated on EU projects related to education in the financial services industry. Currently, Wendy Zammit is the Manager of Financial Stability Surveillance and Assessment Office at the Central Bank of Malta.
Internal Audit, Risk and Compliance Officer
Internal Audit, Risk and Compliance Officer
Elected to the Committee in 2013, Adrian is currently Portfolio Manager at Standard Advisory Services Limited. He was previously the CEO of Brokersclub Limited, was employed as the Head of Wealth Solutions at Mediterranean Bank plc and also occupied various roles in the Wealth and Asset Management units with HSBC Bank both in Malta and in Luxembourg. Adrian holds an MSc in Banking and International Finance from City University Business School (CASS) in London and a BCom(Hons) in Banking and Finance from the University of Malta.
Social Media and Events Officer
Joined the Committee in 2015, Kenneth has been employed in the financial services sector since 1991. He joined APS Bank in 2002, where he now holds the position of Manager (Wealth Management Unit). Kenneth is a registered portfolio manager with the MFSA and is also involved in the management of APS funds Sicav. He holds an MBA in general strategic management with Henley Reading University and regularly lectures on Management and Buisness subjects in the Chester University MSC programs.
Mr attard was elected to the Committee in 2017 and serves as the IFS Malta Communications lead. He is a versatile Marketer with some 20 years international experiences. Mr.Attard joined the HSBC Group in 2009 and currentlyholds the position of Senior Marketing Manager at HSBC Malta plc. He is also a Director at the Junior Achievment (Young enterprise) Malta foundation and a Visiting Lecturer at the Institution of Leadership and Management as well as the University of Malta's Junior College.
M. A Financial Services, B.Com (Hons)
Mr.Farrugia was elected to the Committe in 2017 and currently serves at the Education Committee at IFS. Christian has been working in the financial services industry for the last 15 years, and he currently heads the Treasury Department at Satabank. In his previous roles he started his career as investment advisor with APS Bank, then he joined Valletta Fund Management as a Sales and Marketing manager. Before joining Satabank, he had the responsability of setting and managing a new branch with Mediterranean Bank, where he also served as a Wealth Solutions Manager. Christian holds a Masters Degree in Financial Services as well as Banking & Finance Honours both with the University of Malta.
historical presidents since 1961
(1961 - 1972)
(1972 - 1974)
(1974 - 1976)
(1976 - 1977)
(1977 - 1979)
(1979 - 1981)
(1981 - 1983)
(1983 - 1985)
(1985 - 1991)
(1991 - 2001)
(2001 - 2004)
(2004 - 2012)
training and administrative facilites
The Institute's premises accomodate 3 comfortable tuition classes, each spacious, well lit, fully airconditioned and equipped with all the requirements for delivering unmatched quality tuitions. Additional items include overhead projector, TV&Video, Whiteboard, wi-fi access up to 20Mb download and 1Mb upload, free tea & coffee services.
A wireless connection is available at the service of all students, free of charge, throughout the whole premises. Internet access is useful for presentations, reference to online material and assistance to tutors during the delivery of their tuitions. (20Mb Download and 1Mb Upload). Please ask at the administration office for key access.
Infocus projectors are available for effective delivery of tuitions, presentations, video conferencing and any other envisaged visual communication
ifs Malta holds a small but comprehensive library of textbooks, books and journals that the students can avail themselves of at the Institute's premises.
All classrooms are well equipped with white boards, markers and dusters for use of lecturers and students during their classroom or workshop sessions.
An additional facility is the use of an audio conferencing telephone for clarity calls both locally and abroad.
the Institute regular and annual events
60, G'Mangia Hill,
+356 2124 0335