New Chairman for Maltapost
Lombard Bank Malta plc CEO and Director Joseph Said has been appointed Chairman of Maltapost plc, succeeding David Stellini who shall however retain a place on the Board.
The change at the helm of the postal company follows the recent acquisition by Lombard Bank of an additional 25 per cent shareholding in Maltapost from the Government.
The Bank thus became the major shareholder in the company, as its total shareholding in Maltapost was raised to 60 per cent.
The Maltapost Board is now made up of, Joseph Azzopardi, Ian Pellicano, Joseph Said, David Stellini, Philip Tabone, and newly appointed director Aurelio Theuma, who is the Chief Financial Officer of Lombard Bank Malta plc.
