Gibraltar regulator overhauls management structure

The Gibraltar Financial Services Commission has overgone a complete overhaul in order to have a "flatter, wider and more inclusive" management structure. GFSC chief executive Kerry Blight will have direct line management responsibility for each member of the new management team, the commission said in a statement announcing the change. The restructure coupled with previous cost management action taken within last few months, including a recruitment freeze and no replacement of staff who left the GFSC, has resulted in permanent full-time employee numbers reducing from above 100 to 78. ...