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Bank of Valletta and the Chamber of Engineers renew their collaboration

4th October 2016


Bank of Valletta and the Chamber of Engineers renew their collaboration

Bank of Valletta renewed its association agreement with the Chamber of Engineers. The collaborative agreement was signed by Mr Kenneth Farrugia, Chief Business Development Officer at Bank of Valletta and Ing. Norman Zammit, President of the Chamber of Engineers. The signature took place during a joint educational clinic about Pensions for the members of the Chamber.

Welcoming the attendees, Mr Farrugia explained, “The Bank’s relationship with the Chamber of Engineers has grown from strength to strength over the years. During this time, both parties have collaborated to introduce financial educational initiatives to assist  members of the Chamber, take informed financial decisions.” Mr Farrugia highlighted the role that education plays on the Bank’s agenda. “In this regard, we are also pleased to announce that as part of this agreement, we shall be introducing the BOV Engineering Student Award, with the aim of encouraging the top engineering students to expose themselves and their projects to international fora, thereby investing in their future.”

Ing. Zammit expressed his satisfaction that the two parties are renewing their collaboration. “In today’s world, engineers are becoming increasingly more involved at managerial levels, not only technical posts, therefore it is even more important that they familiarise themselves with the world of financial markets. In light of this, I believe that the synergy between the Bank and the Chamber will lead to greater professional development of the Chamber’s members, which is recognised as important, even at EU level.”

Victoria Azzopardi from EU and Institutional Affairs at Bank of Valletta kicked off the educational clinic by giving an overview of the benefits offered through the BOV Customised Package available to members of the Chamber of Engineers. She also gave insight on the various consumer finance instruments available, so that members can take informed decisions regarding their finances.

Mario Farrugia, Head Bancassurance at Bank of Valletta followed by  giving an overview of the current situation on pensions in Malta and the importance of a third pillar pension.  “Statistics show that life expectancy is increasing circa eight hours a day “The main aim of this educational clinic,” Mr Farrugia said, “is to raise awareness about the importance of saving for one’s retirement particularly when one considers that life expectancy is increasing on average 8 hours per day. Everyone wants to maintain his/her current lifestyle, however this requires planning beforehand. The private pension schemes offered by Bank of Valletta and MSV Life are intended to help in this regard.

In his concluding remarks, Mark Scicluna Bartoli, Head EU and Institutional Affairs at the Bank thanked the engineers for their active participation, and expressed his satisfaction at the high turnout. He reiterated the Bank’s commitment to continue investing in broadening and facilitating access to financial information to the general public.

 
Chamber of Engineers Annual Conference on Intelligent Buildings

The Chamber of Engineers held its 24th Annual Engineering Conference on 5th May 2016 at the Radisson BLU Golden Sands. The conference entitled “Intelligent Buildings” focused on a variety of aspects related to buildings.

In his opening address Chamber President, Ing. Norman Zammit referred to the introduction of the first personal computers and mobile telephony, highlighting how technology evolved over the last 30 years, making it possible for this technology to be used in buildings to render them intelligent. From basic Building Management systems, to an evolution of integrated systems, where these systems can feature security, access control, CCTV and fire detection.

Ing. Zammit pointed out that health and safety requirements in this sector need to be reviewed to reassess the possible need for certification of these innovative engineering systems.

Hon. Joe Mizzi, Minister for Transport and the Infrastructure, also attending the conference, referred to the introduction of basic building management systems, which eventually gave birth to a new era of intelligent buildings. “The most important contribution of these types of buildings is not just the comfort provided to the users but more importantly the contribution towards the sustainability of our environment. Considering that the principle of sustainability can be applied to a number of buildings in the same area and the other concepts of sustainability are applied, then the result would be a smart city,” he said.

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Chamber of Engineers Annual Conference 2016

The Chamber of Engineers will hold the 24th Annual Engineering Conference on 5th May 2016 at the Radisson BLU, Golden Sands, MALTA

The conference entitled “Intelligent Buildings” will focus on a variety of aspects related to buildings. These include building services, security, intrusion, fire, telephony and data, sustainability related to energy and water consumption, air-conditioning and installation of various systems.

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Annual General Meeting 2016

The Annual General Meeting (AGM) is again around the corner. The importance of this annual meeting cannot be overstated. It gives an opportunity for members to review the operation of the Chamber of Engineers and to elect new members on the executive council.

The period for nominations for representation on Council has closed and the Chamber of Engineers received five nominations in total. The number of vacant positions on the Council will be six. For this reason, the current nominees were uncontested and will hence get automatically elected.

Kindly be informed that no type of voting shall take place this year. The formal election of each nominee shall take place on the date of the AGM (26th February 2016 at the Professional Centre, Sliema Road, Gzira at 5:45pm). The biographies that were received from the nominees have been sent on to members.

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Chamber of Engineers holds 14th edition of Engineering Excellence Awards

Enemalta plc, Professor Joseph Cilia and Ing. Paul L. Cardona were the winners of this year’s Malta Engineering Excellence Awards, the annual event held by the Chamber of Engineers. The awards were held under the Distinguished Patronage of the President of Malta, H.E Marie-Louise Coleiro Preca, who was also present.

Industrial Excellence Award

The Industrial Excellence Award was presented to Enemalta Chairman Ing. Fredrick Azzopardi, for Enemalta’s project “The Malta-Italy Electricity Interconnector”.

Engineering Entrepreneur Award

Professor Joseph Cilia was awarded with the Engineering Entrepreneurship Award. Professor Joseph Cilia obtained his first degree in Electrical Engineering from the University of Malta in 1989. He pursued his studies with a Masters and a Doctorate at the University of Nottingham. His doctoral work was presented in international conferences and was awarded the Derek Kirk Prize for the "Best Research Award" and two patents were also submitted on the innovation emerging from his work.

In 1998 Professor Cilia returned as a full time lecturer at the University of Malta and a part time consultant for local industries and authorities where he could use his expertise in electrical drives and industrial power and control applications.

In 2003 he was appointed as Research Director of Abertax Group and in 2010 the Chairman of Abertax executive board. Through his research input, together with a team of professional engineers the company managed to obtain 12 patents some of which have been turned into high quality products.

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