Edward Scicluna, Eddie the Grey
Governor of the Central Bank of Malta
Assumed office
1 January 2021
Prime MinisterRobert Abela
Preceded byMario Vella
Minister of Finance
In office
13 March 2013 – 22 November 2020
Prime MinisterJoseph Muscat
Robert Abela
Preceded byTonio Fenech
Succeeded byClyde Caruana
Personal details
Born (1946-10-12) 12 October 1946 (age 74)
Rabat, Malta
Political partyLabour Party
Spouse(s)Astrid Bartoli
ChildrenMark
Katya
Alma materPlater College
University of Malta
University of Toronto
Websiteedwardscicluna.com

Edward Scicluna (born October 12, 1946 in Rabat, Malta) is a Maltese economist and politician. Scicluna, who previous served as Finance Minister assumed the position of Governor of the Central Bank of Malta as from 1 January 2021 for a five-year term, after he himself approved an annual salary increase for the role as Governor of Central Bank.[1]

Scicluna is married with two children.[2]

Professional career

Scicluna held a number of posts in the public and private sector. He served as Chairman of the Malta Council of Economic and Social Development (MCESD) (1999–2003) and of the Malta Financial Services Authority (MFSA) (1997–99), an Electoral Commissioner (1987–93), a Director of the Central Bank of Malta (1996–2003) and a member of Malta's National Euro Change-over Committee (NECC) (2005–2008). Internationally he served on the Council of Europe's Development Bank Auditing Committee (1997–2000) and carried out consultancy and advisory work for the European Commission (particularly on the single currency), UNESCO, the United Nations Environmental Programme (UNEP) (1987–97), the IMF delegation, the governments of Albania, Croatia, Libya and Turkey and a number of credit rating agencies.

Daphne Caruana Galizia's assassination

During the inquiry into Daphne Caruana Galizia's assassination, Scicluna stated in Court that he felt that he was not part of the inner core of government.[3]|url=As it happened: Scicluna blasts 'kitchen cabinet' that ran Muscat's government |access-date=26 February 2021 |agency=timesofmalta.com))</ref>

Political career

Member of the European Parliament, 2009–2013

Scicluna joined the Labour Party in 2009 and was elected MEP at the 2009 European Parliament election in Malta. He was appointed Vice-Chairman of the Committee on Economic and Monetary Affairs, member of the delegation to the ACP–EU Joint Parliamentary Assembly and substitute member on the Committee on the Environment, Public Health and Food Safety and the delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN).[7]

Minister of Finance, 2013–2020

Scicluna was then elected MP for the Labour Party at the 2013 Maltese general election. On 13 March 2013 he was appointed Finance Minister in the new Labour government of PM Joseph Muscat.[8] Scicluna, along with then-Health Minister Konrad Mizzi and Chris Cardona, is subject of a magisterial inquiry over the deal with Vitals Global Healthcare.[9]

Governor of Malta's Central Bank

Scicluna assumed the position of Governor of the Central Bank of Malta as from 1 January 2021 for a five-year term.[10]

References

  1. ^ "Scicluna gave predecessor €11,000 annual salary increase before he took the post". newsbook.com. Retrieved 27 February 2021.
  2. ^ "Oaths and hats take centre stage at Parliament's official opening". MaltaToday.com.mt. Retrieved 18 May 2019.
  3. ^ "As it happened: Scicluna blasts 'kitchen cabinet' that ran Muscat's government". timesofmalta.com. Retrieved 26 February 2021.
  4. ^ Board of Governors: Edward Scicluna European Stability Mechanism.
  5. ^ Board of Governors Asian Infrastructure Investment Bank (AIIB).
  6. ^ Board of Governors International Monetary Fund (IMF).
  7. ^ "Search for a Member | MEPs | European Parliament". www.europarl.europa.eu. Retrieved 24 February 2018.
  8. ^ "PRESS RELEASE BY THE MINISTRY FOR FINANCE Minister for Finance Edward Scicluna in London for meetings". www.gov.mt. Retrieved 18 May 2019.
  9. ^ "Three ministers to face criminal inquiry over Vitals deal, appeal rejected". Times of Malta.
  10. ^ Borg, Amy (29 December 2020). "Prof. Scicluna officially appointed as Central Bank governor".
Political offices
Preceded by
Tonio Fenech
Minister of Finance
2013–2020
Incumbent