The Honourable Albert Isola MP is Gibraltar’s Minister for Commerce with the primary responsibility of raising Gibraltar’s profile as an established onshore, mainstream, well-regulated financial services centre. An accomplished and experienced speaker, Mr Isola has delivered keynote addresses at major financial services seminars and conferences in various countries. He is also responsible for financial services policy, product development, and responding to international initiatives such as international tax compliance. As such and supported by the Finance Centre Director and team, he works closely with the financial services regulator, the Financial Services Commission. Particularly noteworthy is his leading role in the establishment of the Gibraltar International Bank, a first for Gibraltar as a home-grown full-service credit institution that will be launched in the New Year.
Albert was appointed Minister for Commerce following a Government re-shuffle in October 2016. He has been a member of the GSLP/Liberal Administration since his by-election win for Gibraltar’s governing parties, the GSLP/Liberal Alliance, on 4 July 2013. Mr Isola had previously been a GSLP member of the Opposition in the then ‘House of Assembly’ (‘Parliament’ under the new constitution) from 1996 to 2000. Prior to re-entering Parliament, Albert had been a Partner at a major Gibraltar international law firm from 1985 to 2013.
During his long and successful legal career, Albert gained extensive experience in all aspects of property acquisition, development and financing, and was at the forefront of Gibraltar’s residential and commercial property development.
As part of his legal practice, Albert was at the forefront of Gibraltar’s development as a real alternative to the larger established funds jurisdictions with a wealth of experience in the financial services sector. He also regularly acted as an adviser to the Financial Services Commission.
Albert was educated at Stonyhurst College, Lancashire (1973 to 1980) and read Law at Kingston University (1980 to 1983).