MAPFRE MSV Life’s newly appointed CEO, Etienne Sciberras has laid out his outlook for the company, saying it will continue to drive innovation, as evidenced by its significant investment it is making in technology.

In a statement by the company announcing his appointment, Mr Sciberras commented: “I am confident that MAPFRE MSV Life will continue to strengthen its customer value proposition and be the driver of positive change within the life insurance market in Malta”.

Aside from its continued investment in technology, he says, “a strengthening of our operating structures and continued investment in our human resources forms part of our strategic plan as we seek to continue to play an important part in improving the wellbeing of our communities, continuously work to earn the lifelong trust of our policyholders and to create sustainable shareholders’ value.”

Addressing his appointment, he said, “I am looking forward to leading a team of highly talented and committed professionals united by a common set of principles and values”.

Mr Sciberras has significant experience in the Life Insurance industry having joined Middlesea Valletta Life in 2001.

He held different roles and responsibilities within the Company including that of Senior Manager for Investments and, more recently, as Chief Risk Officer for both MAPFRE Middlesea and MAPFRE MSV Life.

Over the past six years, as a member of the Executive Management Committee of MAPFRE MSV Life, Mr Sciberras contributed to the development and execution of the company’s strategy.

Apart from sitting on a number of internal committees, for a number of years, Mr Sciberras has also been representing MAPFRE MSV Life as a Director and Chairman of the Audit Committee of one of its main strategic investments.

He holds a Bachelor of Commerce Degree and is a warranted Certified Public Accountant and a Chartered Financial Analyst.