In addition, Mr Camilleri, in this capacity, will also be responsible for the operating regulated subsidiaries GlobalCapital Life Insurance Limited (GCLI), GlobalCapital Health Insurance Agency Limited (GCHIA) and GlobalCapital Financial Management Limited (GCFM).

Furthermore, Mr Camilleri will step down from the position of Managing Director of the health insurance agency to focus on his new role.

As Head of Operations and Risk, Mr Camilleri will be responsible to manage, control and co-ordinate the resources and operations of the GlobalCapital Group while maintaining a comprehensive overview of all its processes.

In addition, he will be tasked to re-enforce the risk management culture across the group and be responsible to report any key business risks across all levels to the Company’s Board of Directors, as the announcement says.

The company announcement is available for public view on the official webpage of the Malta Stock Exchange.

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