Edward Scicluna (born October 12, 1946 in

Rabat, Malta Rabat ( mt, Ir-Rabat, ) is a town in the Northern Region of Malta, with a population of 11,497 as of March 2014. It adjoins the ancient capital city of Mdina, and a north-western area formed part of the Roman city of Melite until its mediev ...

) is a Maltese economist and politician. Scicluna assumed the position of Governor of the Central Bank of Malta as from 1st January 2021 for a five-year term.

Biography

Education and private life

Scicluna holds a Diploma in social studies from the Plater College, Oxford (1972) and degrees in economics from the

University of Malta The University of Malta (, UM, formerly UOM) is a higher education institution in Malta. It offers undergraduate bachelor's degrees, postgraduate master's degrees and postgraduate doctorates. It is a member of the European University Association ...

(BA, 1975) and the

University of Toronto The University of Toronto (UToronto or U of T) is a public university, public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park (Toronto), Queen's Park. It was founded by royal charter in 1827 ...

(MA, 1976, and PhD, 1982). Between 1981 and 1990 he was professor and head of the Department of Economics at the University of Malta where he still holds a lectureship post. Scicluna is married with two children.

Professional career

Scicluna has 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 The Malta Financial Services Authority (MFSA) is a financial regulator of Malta. The MFSA was founded in 2002 when it assumed the responsibilities of the Central Bank of Malta, the Malta Stock Exchange, and the Malta Financial Services Centre. ...

(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). He was often selected by the Malta Broadcasting Authority to chair broadcast political debates. In the private sector he was Chairman of the HSBC Malta Bond Fund (since 2002) and of CWG plc and director of MIB Ltd. 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 The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...

(particularly on the single currency),

UNESCO The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations (UN) aimed at promoting world peace and security through international cooperation in education, arts, sciences and culture. It ...

, the

United Nations Environmental Programme The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the United Nations Conference on th ...

(UNEP) (1987–97), the IMF delegation, the governments of Albania, Croatia, Libya and Turkey and a number of

credit rating agencies A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may ra ...

. *

European Stability Mechanism The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was ...

(ESM), Member of the Board of Governors * Asian Infrastructure Investment Bank (AIIB), Ex-Officio Member of the Board of Governors *

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...

(IMF), Ex-Officio Member of the Board of Governors

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 The Committee on Economic and Monetary Affairs (ECON) is a committee of the European Parliament which is responsible for the regulation of financial services, the free movement of capital and payments, taxation and competition policies, oversight ...

, member of the delegation to the

ACP–EU Joint Parliamentary Assembly The ACP–EU Joint Parliamentary Assembly was created to bring together the elected representatives of the European Union (the Members of the European Parliament) and the elected representatives of the African, Caribbean and Pacific states ("ACP c ...

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 ( , ), officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, militar ...

(ASEAN).

Minister of Finance, 2013–2020

Scicluna was then elected MP for the Labour Party at the

2013 Maltese general election General elections were held in Malta on 9 March 2013 to elect all members of the House of Representatives. The Labour Party, led by Joseph Muscat, defeated the governing Nationalist Party, which had been in power since 1998, returning Labour ...

. On 13 March 2013 he was appointed

Finance Minister A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", ...

in the new Labour government of PM Joseph Muscat. Scicluna, along with then-Health Minister Konrad Mizzi and Chris Cardona, is subject of a magisterial inquiry over the deal with

Vitals Global Healthcare Vitals Global Healthcare (VGH) is a healthcare company based in Malta. It manages Public–private partnerships and works with Barts and The London School of Medicine and Dentistry. Hospital contract controversy In 2014 it "formulated a bid for ...

Governor of Malta's Central Bank

Scicluna assumed the position of Governor of the Central Bank of Malta as from 1st January 2021 for a five-year term. Newsbook
/ref>

References

External links

* * {{DEFAULTSORT:Scicluna, Edward 1946 births Labour Party (Malta) MEPs Living people Maltese Roman Catholics MEPs for Malta 2009–2014 People from Rabat Finance Ministers of Malta 21st-century Maltese politicians Governors of the Central Bank of Malta