Francis J. Vassallo – President / Managing Director


Francis J. Vassallo, founder of the group, is a former Governor of the Central Bank of Malta.  Francis J. Vassallo occupied several senior positions during his 25 year international career with Chase Manhattan Bank during which time he was a member of the Board of several Chase subsidiaries in Luxembourg, the Channel Islands and in Spain.  Between 1987 and 1991, Francis J. Vassallo was general manager of Chase Manhattan Bank in Spain and responsible for the setting-up of private banking and capital markets.  Francis J. Vassallo was then appointed general manager of Chase Private Bank in Switzerland, where he remained until September 1993.  Back in Malta, and prior to founding the Francis J. Vassallo & Associates Group, Francis J. Vassallo was appointed Governor of the Central Bank of Malta during the crucial time of the introduction into Malta legislation of the financial services package, which office he held until 1997.

Francis is a Knight of the Sovereign Military Order of St. John of Jerusalem, has been awarded the National Order of Merit by the President of Malta and the Order of Isabel La Catolica by the King of Spain. Francis was also appointed Special Envoy to the previous Malta administration to negotatiate double taxation agreements with Latin American countries.