Stellantis Insurance, a firm based in Ta’ Xbiex, Malta, has appointed Glen Mifsud as Head of Treasury.

Mr Mifsud joined the firm in July 2022, serving in the Treasury and Asset and Liability Management team within the company.

He has previous experience as Portfolio Manager with BOV Asset Management and as Investment Manager with Curmi & Partners.

Stellantis Insurance was formerly known as PSA Insurance, renamed after the French automobile giant, producer of the Citroën, Open and Vauxhall cars, apart from Peugeot, merged with Fiat Chrysler in 2021.

Malta is a popular jurisdiction for multinationals’ insurance arms thanks to its low cost base and a novel legal framework.