Abacus Malta Appoint New CEO

Abacus, is pleased to announce the appointment of Paul Watterson as CEO of Abacus Malta. The appointment forms part of our plans to consolidate management and responsibility of the group and its resources, to further create synergies that support Abacus’ focus on new business acquisition and growth.

With over 25 years’ experience in operations, 20 of which have been spent within the Isle of Man’s financial services sector; Paul brings a wealth of experience and a comprehensive knowledge of the industries in which Abacus works as well as its own business cultures and operations.

Paul joined Abacus in 1996 when it was part of Coopers & Lybrand Isle of Man. In April 2005 he was promoted to Operations Director and was appointed as a Director to the board of Abacus Trust Company Limited and Abacus Financial Services Limited in April 2006. Paul holds a BSc Hons degree in Applied Statistics and Computing, a Diploma in Company Direction and Computing and is a Member of the Institute of Directors and International Compliance Association.

Chairman of the Abacus group, Chris Talavera, said: “On behalf of Abacus, I would like to congratulate Paul on his recent appointment to CEO of Abacus Malta. We know that he will be invaluable to our ongoing strategies to drive the business forward as well as our continued efforts to maintain our position as a leader in our field; a large part of which lies in the development of our Malta office and its service propositions.”

Commenting on his new appointment, Paul said: “Having been with the business for 19 years, I am very much looking forward to my new role and the new challenges it will bring.”

“Our Malta office has experienced continued growth since its inception in 2010 and over the last five years we have built up a strong team of multi-skilled and multi-lingual professionals in our Malta office, as well as strong relationships with professional bodies and intermediaries in the local market and further afield.  With these in place, together with our track record of 40 years of excellence in providing fiduciary and professional administration services to a global client base, we couldn’t be in a better position to further push our Malta business and its service offering forward.”

“We are in a very positive place and I look forward to what the future holds for Abacus Malta.”