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Board of Directors

The following persons constitute Izola Bank’s Board of Directors. They are responsible for the overall management of the bank. The Board meets to establish and review the policies and strategies of Izola Bank and to monitor its performance.

Magdalena De Roeck
Chairperson, Non-executive Director​

Magdalena De Roeck

Appointed to the Board in February 2006. A UCL business engineering graduate from the Catholic University of Louvain, Belgium, Ms de Roeck is the non-executive Chairperson of the Van Marcke Group.

Caroline Van Marcke
Non-executive Director

Countess A d'Oultremont

Appointed to the Board in January 2000. A Solvay business engineering graduate from the University of Brussels, Belgium, Caroline Van Marcke is the Van Marcke Group Chief Executive Officer and executive director.

Joseph Caruana
Non-executive Director

Joseph Caruana

Appointed to the Board in February 2006. He has extensive banking experience, having worked for 44 years in the financial services sector both with Barclays Bank in Malta and the U.K., and as General Manager of the Mid-Med Bank Group and HSBC Bank Malta p.l.c. until his retirement in 2000. He is at present a director of APS Bank Limited, Malta and is active in the Corinthia Group of Companies, Malta and holds a number of other directorships.

Francis Gouder
Non-executive Director

Appointed to the Board in May 2015. Now retired, he has extensive banking experience having worked for 45 years in the banking sector , both at branch and head office level. He joined Barclays and also worked for Mid Med Bank and HSBC Bank from where he took early retirement. His last post at HSBC was that of Area Director. He was an advisor to the executive committee at Banif Bank and subsequently was appointed head of private banking at Banif. He presently holds a number of other non-executive directorships.

Guido Mizzi
Non-executive Director

Guido Mizzi

Appointed to the Board in September 2010. A Fellow of the Association of Chartered Certified Accountants. His career in the audit and accounting profession spanned a period of thirty years, the last seven years of which as managing partner of the local accountancy firm MSD & Co then local representative firm of Andersen Worldwide. During this period he acted as engagement partner for some of the larger companies and national corporations in Malta including banks, utility corporations and private companies involved in varied industrial and commercial undertakings.

Patrick H Van Leynseele
Non-executive Director

Patrick H Van Leynseele

Appointed to the Board in January 2010. A law graduate from the Free University of Brussels, Belgium, Mr Van Leynseele holds a Masters degree in Comparative Law from the University of Miami. Called to the Bar in Brussels in 1979 and in New York in 1997, Mr Van Leynseele is a partner in the Brussels law firm Dal & Veldekens. He is a non-executive director on the boards of several companies of the Van Marcke group.

Andrew Mifsud
CEO & Executive Director

An Associate of the Chartered Institute of Bankers and holder of an MBA specialising in banking from the University of Exeter, U.K. Appointed Chief Executive Officer in December 2011, he joined the Bank in June 1994 as a Banking Executive and was appointed General Manager, in August 1998 and Executive Director from 2019. He previously held positions with National Westminster Bank plc, London and Melita Bank Limited, Malta (subsidiary of Istituto Bancario San Paolo di Torino).

Simon Azzopardi
Non-executive Director

Simon Azzopardi

Appointed to the board in July 2019. He holds a B.Sc. in Commerce from the University of Malta and an M.Sc. in Computing from Oxford Brookes University. Mr Azzopardi has an extensive background in product development predominantly in the financial services sector and is currently Head of Product at Sherpa, a UK regulated online insurance start-up. He also sits on several boards dealing with technology businesses including Silicon Valletta, Malta IT Law Association and the SXSW Advisory Board.

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