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maltatoday | SUNDAY • 26 NOVEMBER 2023 9 COMMERCIAL Ivan Tabone appointed Registrar General of Shipping and Seamen DR Ivan Tabone was appointed Registrar General of Shipping and Seamen for Transport Malta within the Ministry for Trans- port, Infrastructure and Capital Projects. The appointment comes into effect on Friday 1st December 2023. Dr Tabone graduated as Doctor of Laws from the University of Malta before furthering his legal studies by reading for a Masters Degree in Maritime Law at the IMO International Maritime Law Institute (IMLI). Dr Tabone occupied the po- sition of Deputy Chief Officer within the Merchant Shipping Directorate of the Authority for Transport in Malta for the past seven years. He possesses a strong dedication to the human element within the maritime sector and has held the position of Head of the Seafarer Department. In this role, he oversees critical respon- sibilities such as seafarer train- ing, certification, and welfare. Additionally, Dr. Tabone has been entrusted with numerous specialised projects conducted periodically. Furthermore, Dr. Tabone's extensive expertise has afforded him the opportunity to actively engage with internation- al bodies. He has repeatedly rep- resented his organisation on in- ternational platforms, including the International Maritime Or- ganisation (IMO), the European Maritime Safety Agency (EMSA), the European Commission, and the International Labour Organ- isation (ILO). Transport Malta Chief Execu- tive Officer Jonathan Borg wishes all the success to Dr Ivan Tabone in his new post and would to to thank Mr Ivan Sammut, for his tireless work throughout the years while taking this opporunt- iy to congratulate Mr Sammut in his new appointment as the Head of Office of the Regional Marine Pollution Emergency Response Centre (REMPEC). BOV offers MAPFRE MSV life guaranteed capital and income plan 2027 FOLLOWING the launch of the MAP- FRE MSV Life Guaranteed Capital & Income Plan 2027 announced recently, Bank of Valletta is offering its customers the opportunity to apply for this limited time offer from all BOV Branches, In- vestment Centres and Private Banking. The product follows the success of the previous two editions of the Guaran- teed Capital & Income Plan which were launched earlier this year. Speaking about the offer, BOV Chief Personal & Wealth Officer, Mr Simon Azzopardi expressed confidence that this investment opportunity will prove to be yet another success with local investors. "Earlier this year the Bank already offered similar products to the market following the previous launches by MAPFRE MSV Life. We had an incredible response from investors who are seeking a competitive interest return when compared to tra- ditional deposit accounts, together with a sense of assurance that upon maturi- ty they will retain the invested capital. Through constant contact with our cus- tomers, we continue to offer attractive investment opportunities that are prov- ing to be very popular and highly sought after. We encourage customers to visit our Branches, Investment Centres and Private Banking so that we can help them manage their wealth more effectively, with an eye set firmly on the future." The MAPFRE MSV Life Guaranteed Capital & Income Plan 2027 is a single contribution investment with a min- imum investment of €5,000 linked to the BOV Capital Guaranteed Fund 2027 managed by BOV Asset Management Limited and will distribute three guaran- teed payments equivalent to an annual- ised average return of 3% should the plan be held to maturity. The payments will be made on 16th December 2024, 15th De- cember 2025, and 15th June 2027. Subscriptions open on the 20th No- vember and close on the 2nd December 2023 or earlier if the offer is fully tak- en up. Further information and the full terms and conditions applicable to the product are available at: https://www. bov.com/News/guaranteed-capital--in- come-plan-2027. Farsons recognised as Company of the Year at MSE Annual Awards SIMONDS Farsons Cisk plc (SFC) was presented with the Company of the Year award by the Malta Stock Ex- change (MSE) in its annual awards cer- emony held last week. MSE Chairman, Mr Joseph Portelli highlighted the extraordinary financial results attained by SFC before present- ing the award to Mr Norman Aquilina, Farsons Group Chief Executive. In his speech, Mr. Aquilina thanked the MSE for the recognition, along with the Farsons management team for be- ing protagonists in the attainment of the results. He said "Having our results acknowledged makes us proud of our achievements in this highly challenging year," adding that "our financial results are the reflection of broader considera- tions which include our quality stand- ards and values we uphold and prac- tice." Mr Aquilina underlined that "In re- sponse to ongoing market pressures, Farsons remained strategically focused on its competitiveness, not only in terms of costs, but also capabilities" conclud- ing that "We will keep our eyes set on the horizon, making sure we stay ahead of the curve and well placed to continue to move onwards and upwards." SFC listed its shares on the MSE in 1995, becoming the first private sector company outside the banking business to list its equity. The MSE annual awards bring togeth- er the many stakeholders of the Maltese capital market and recognize persons and organisations that merit an award for their achievements.