Herman Ciappara – Head, Virtual Financial Assets


Herman Ciappara was appointed as Head of Virtual Financial Assets in March 2020, after joining the MFSA as Head of FinTech & Innovation in September 2019. Herman started his 30-year long career at the Central Bank of Malta in 1989, holding several managerial positions within a number of functions at the Bank, amongst them, Information Technology, Operational Risk, Business Continuity and Information Security.

Since 2011 he has held the position of Head of Payments & Banking, responsible for SEPA Regulation, Interchange Fee Regulation and PSD2, whilst acting as a catalyst function to influence retail payments policy and the development of the payments landscape in Malta.

During this time he was Chair for the Payment System User Group and the API Standard Working Group, working closely with the Malta Bankers’ Association, as well as Chair of the Malta Clearing House Committee and the Malta SWIFT User Group. On a European landscape, Herman was an active member in the Market Infrastructure and Payments Committee at the European Central Bank, the Standing Committee for Payment Services at the European Banking Authority and the Commission Expert Group on Banking, Payments and Insurance at the European Commission.

Herman graduated in Business Management with B.A. (Hons.) from the University of Malta and holds a Graduate Diploma in the Management of Information Systems from the University of Greenwich.