The Malta Financial Services Authority (MFSA) revealed that CEO Joseph Gavin has decided to ‘retire early’ and will thus be stepping down from his role ‘later this year’.
This follows a period of six weeks, starting on 15th June, when Mr Gavin was ‘indisposed’.
In light of such events, Michelle Mizzi Buontempo was appointed Acting CEO of the authority on that same day. Mr Gavin went on to make a temporary return to the MFSA on 29th July.
The outgoing CEO was appointed to his role in September 2021, following an open call for applications through local and international channels.
Before joining MFSA, Mr Gavin acted as General Counsel within the Central Bank of Ireland at a time in which the Irish regulator was undergoing significant policy and structural change.
Mr Gavin was more recently employed as Partner and Head of Financial Services at an Irish law firm, providing specialist input in areas relating to regulation and enforcement in financial services.
She brings nearly 25 years of aviation industry experience.
Deputy CEO of Lombard Bank Malta Gino Farrugia was appointed Deputy Chair.
Jonathan Cardona served in a number of key Government leadership positions.
The partnership was formally announced in November 2025.