The Financial Services Commission has announced today that its Chief Executive Officer Marcus Killick has decided to stand down. Mr. Killick has led the Gibraltar regulator for ten years and has made an outstanding contribution to the ability of the FSC to meet the ever-increasing demands of both the financial sector and international regulatory requirements.
Mr Killick, who is one of the longest serving heads of a financial services regulator in the world, announced his decision to the Board at its meeting in March. He will remain in post until the appointment of his successor, which the Commission hopes can be completed by September 2013.
Seven new recruits of the Royal Gibraltar Regiment passed out last week at the Infantry Training Centre in Catterick.Passing out were Pte Fortuna, Pte Banasco-Zaragosa, Pte Chalmers, Pte Duyanov, Pte Chrome, Pte Webb and Pte Boyd.
The Government this week gave effect to commence it electoral commitment, “El Turno” which involves the cleaning of internal communal areas in large Government rental housing estates.
A number of approved contractors under the cleaning scheme have been tasked with the weekly cleaning of landings, lifts, staircases and other communal areas of residential blocks.
The Gibraltar Government will host a stand at the Marrakech FIA World Touring Car Championship, today. During the event, Gibraltar will have its own stand at the track, showcasing the Rock’s many products and services to the Moroccan public attending the event, which has become one of the highlights of the sporting and social calendar in the Kingdom of Morocco.
Miss World 2009, Kaiane Aldorino will also attend, along with Tourism Minister Neil Costa. Kaiane, who has featured prominently in the marketing of the championship, will start the race on Sunday.