The Council consists of three members including the Chairperson. The members are appointed by the Minister for Finance on the basis of their experience and competence in domestic and international macroeconomic and fiscal matters. The term of office of a member of the Fiscal Council is for four years, unless otherwise provided. A person may not be a member of the Fiscal Council for more than two consecutive terms of office but shall otherwise be eligible for reappointment. Members may not be removed from office unless a resolution is approved by the House of Representatives. Members shall not seek or receive instructions from public authorities or from any other institution or authority.
John Cassar White
John Cassar White joined the banking profession in 1972 and retired in 2008. He occupied various senior executive posts at the Bank of Valletta including those of Chief Officer Finance. He set up the Risk Division of the bank and served as Chief Risk Officer for eight years. He also chaired BOV’s Credit Committee and Risk Committee for seven years.
Between 2013 and 2016 he was chairman of BOV. At this time he led the bank’s project to join the Single Supervisory Mechanism as a result of which BOV now falls under the joint supervision of the ECB and the Malta Financial Services Authority. Mr Cassar White served as director of various companies in the financial services industry and other business enterprises. Between 2008 and 2013 he lectured in business studies in the Malta College of Arts, Science and Technology. He also worked as a business consultant to a number of private and public companies.
Dr Carl Camilleri is a Lecturer at the University of Malta within the Department of Economics (Faculty of Economics, Management and Accountancy). Over the past 10 years Dr Camilleri has been lecturing Econometrics at the Department of Economics. Over the recent years Dr Camilleri was also involved in the lecturing of a number of other courses, in particular: Applied Macroeconomics, Health Economics and the Economics of Ageing and Pensions at the same university. Prior to joining the Department of Economics, Dr Camilleri served in the public service within the Economic Policy Division (Ministry of Finance) for 10 years and held the position of Senior Economist within the same Division. Dr Camilleri was mainly responsible for macroeconomic forecasting within the division and during his stay at the Economic Policy Division, Dr Camilleri was involved in the modelling and analysis of pension reform systems within the Maltese economy. Dr Camilleri holds a Master of Science degree in Econometrics awarded from Queen Mary and Westfield College (University of London) in 1999 and has been awarded the Degree of Doctor of Philosophy in Economics from City University (London) in 2015.
Ian P. Cassar
Dr. Ian P. Cassar is a Lecturer at the University of Malta within the department of Economics (Faculty of Economics, Management and Accountancy). His main teaching areas include introductory macroeconomics, intermediate macroeconomics, applied macroeconomics and mathematical economics. His research interests include input-output analysis, social accounting matrices, computable general equilibrium modelling, and the economics of tourism. He graduated with a Bachelor of Commerce (Hons) in Economics from the University of Malta in 2006. Subsequently in 2007 he obtained a Master of Science degree in Economics from the University of Edinburgh. In 2013 he was awarded a Ph.D. in Economics from Heriot-Watt University (Edinburgh). Over his period at Heriot-Watt University Dr. Cassar was also employed as a research assistant and was part of a team of economists who worked with BP plc to produce their “BP Statistical Review of World Energy”, one of the most widely respected and authoritative publications in the field of energy economics.
Dr. Cassar has also served as director of the Malta Statistical Authority and currently occupies the position of associate editor for Economics within the academic journal of Xjenza, which is the official journal of the Malta Chamber of Scientists.