Malta Stock Exchange



Investment-Information Session, Ritz-Carlton, DIFC, Dubai: 24th May 2017

Professor Joseph Falzon is currently the Head of the Department of Banking and Finance, and the former Dean of the Faculty of Economics, Management and Accountancy, at the University of Malta. He received a B.A. degree from the University of Malta in June 1979; a M.A. degree in economics from Memphis State University, Memphis, Tennessee, U.S.A. in December 1980; and a PhD degree in economics from Northwestern University, Evanston, Illinois, U.S.A. in August 1984. His doctoral areas of specialisation were in international finance, monetary economics and macroeconomics.

He was awarded a graduate assistantship, in the Economics Department, at Memphis State University, from January to December 1980; a Rotary Fellow of Rotary Foundation of Rotary International, at Northwestern University, from October 1981 to June 1982; a teaching assistantship, in the Economics Department, Northwestern University, during academic years 1982-1983 and 1983-1984; and a Salzburg Fellow, at a Salzburg Seminar, in March 1991.

Professor Falzon served as a visiting assistant professor and taught at several American Universities including Roosevelt University in Chicago, from 1982 to 1984; Northwestern University, Evanston, Illinois, from 1985 to 1986; University of Cincinnati, Cincinnati, Ohio, from 1986 to 1987; and Howard University, Washington, D.C., from 1987 to 1988.

He returned to Malta in 1988 to teach at the University of Malta and to serve as an economic consultant to several public and private institutions. He was appointed as the first Head of the new Department of Banking and Finance, set up in 1994 at the University of Malta. This Department now offers undergraduate degrees in Banking and Finance and in Insurance (between 2008 and 2015), and an internationally taught evening M.Sc. degree in Banking and Finance.

He is the author of several local and foreign publications and of numerous papers on the Maltese economy. He is the co-editor of “Strategic Challenges in European Banking” published by Macmillan in 1999, and the editor of “Bank Performance, Risk and Securitization”, and “Bank Stability, Sovereign Debt and Derivatives”, both published by Palgrave Macmillan in 2013.

His current research interests include portfolio management, hedge fund strategies, risk management and economic development.

Professor Falzon has served as a consultant to the Government of Malta and to several private and financial organizations including: the Economic Planning Division (1988 to 1992); the Ministry of Finance (1992 to 1995); the Office of Fair Competition (1995 to 1996); the Ministry of Economic Services (1999 to 2003); the Bank of Valletta (1993 to 1998); the National Tourist Organization (1997 to 2001); the Malta Tourism Authority (2002 to 2006); the Central Bank of Malta (2004 to 2008); the Chamber of Small and Medium Sized Enterprises, GRTU (2006 to 2008); the Malta Housing Authority (2008 to 2010), and the Malta Council of Economic and Social Development, MCESD (2013 to 2016).

He has also been appointed as a director and board member on the executive board of the National Tourist Organization, Malta (1996); the Enemalta Corporation (1999 to 2003); the Malta Statistics Authority (2001 to 2011); a member of the Investment Committee of Integradvisory, Financial and Investment Advisors (2009 to 2013); a Member of the Board of Directors, FMG Funds SICAV Plc (since 2013); risk manager of Auriga Asset Management Ltd (2013 to 2015); Chairman of the Investment Committee of Valletta Fund Management (2013 to 2016); and member of the investment committee of FX International Ltd (2013 to 2015). He was Chairman of the fuel hedging advisory committee of Enemalta Corporation during 2005 and is currently the Deputy Chairman of the Malta Stock Exchange.

Professor Falzon has also served, since 1995, as Member of the Organizing Committee of the European Association of University Lecturers of Banking and Finance. He also organised the 1996 and 2012 annual conferences of this association in Malta.