One of Malta’s largest financial services firms, Calamatta Cuschieri, has appointed Stephen Borg to take up the newly created role of Head of Private Clients.

Calamatta Cuschieri, in an announcement, said that the role reflects its strategic focus on continuing to build on the growth registered in this segment over the past years.

Mr Borg shall be responsible for developing and nurturing the relationship with High-Net-Worth Individuals and Corporate Clients in relation to their discretionary portfolios held with the company.  

With over 20 years of experience in the investment services field, Mr Borg began his career first as an analyst and then as a portfolio manager where he was eventually promoted to Head of Portfolio Management Services, during which time he led and managed a diversified pool of client portfolios and relations. 

Mr Borg joined Calamatta Cuschieri in 2019 in the role of Head of Wealth & Fund Management. During the past two years, the company said that he successfully managed to grow the business and implemented a number of changes to our product offering.   

He holds a degree in Banking & Finance from the University of Malta. 

Michael Galea, Chief Operating Officer of Calamatta Cuschieri said: “It is no secret that demand for Discretionary Portfolio Management services is on the increase as investors seek to benefit from the value-added that Investment Managers can bring to investors’ portfolios.

“It was, therefore, a natural consequence for us to create such a role and give this line of business the specialised attention it deserves. Stephen’s experience in this field is extensive and we are confident that he is the right person to continue to develop our offering in this regard, championing the performance achieved by our wealth management team over the last five years.”