Karol Gabarretta appointed Non-Executive Director at EPG Financial Services

Sliema-based EPG Financial Services Ltd has just appointed Karol Gabarretta as Non-Executive Director within its Board of Directors.

Said appointment is subject to regulatory approval.

The company noted that Mr Gabarretta holds “extensive compliance and regulatory experience in financial services,” thanks to his contributions as Secretary General at the Malta Bankers’ Association.

He also currently serves as a Member of the Malta Financial Services Advisory Committee and a Governor of the Board of Governors at Finance Malta.

Since 2018, Mr Gabarretta has also been serving as a Member of the Board of Management on the Depositor and Investor Compensation Schemes.

The newly appointed Non-Executive Director’s previous experiences also include Director for Banking Supervision at the Malta Financial Services Authority (MFSA) and Member of the Supervisory Board of the Single Supervisory Mechanism (SSM).

Mr Gabarretta noted that he is ‘looking towards contributing to the EPG Board’ and ‘in supporting the continued development and launch of payment and e-wallet services and ensuring theseare undertaken with a compliance-first mindset.’

He joined joined Chairman Michael Kramer, Dirk Quermann, Rupert Kainzbauer, Roberto Migliozzi, and Oliver Krückemeier in the composition of the EPG Board.

EPG Financial Services Limited is a payments services provider and e-money institution licensed by the MFSA.