€117,000 salary for MFSA CEO

MFSA

Tista' taqra bil- Malti.

Malta Financial Services Authority CEO is receiving a salary of €117,000 a year.

This information was tabled in Parliament by Finance Minister Edward Scicluna following a question by Opposition MP Ivan Bartolo who inquired about the salaries of the CEOs of the Freeport, Air Malta, ARMS and MFSA.

The Finance Minister said that the CEO is eligible for a performance bonus up to a maximum of 20% of his salary. Replying to Bartolo, Minister Scicluna directed the MP to other ministries for the salaries of the CEOs of the other entities since they did not fall under his portfolio.

Joseph Cuschieri was appointed as CEO in 24 April 2018.