IZI Finance plc, the finance company of IZI Group plc and its subsidiaries has appointed its Board of Directors.
The Board will be chaired by Christian Gernert, who will also be responsible for Strategy and Implementation. Johann Schembri, IZI Group’s Founder and CEO, joins Dr Gernert and another five Directors in the company’s stewardship.
“The new Board of Directors features high-calibre executives from different sectors, all of whom will be essential to lead the Group forward in the pursuit of its growth strategy locally and internationally,” Mr Scembri said.
“I am privileged to be working with such an exception line-up to steer the Group towards its next phase of expansion,” he continued.
Two of the Directors form part of the Chief Officer Suite of the group – namely Group CCO Franco De Gabriele, and Group Financial Officer Joseph Mallia. These Executive Directors have a long track-record within the group and were an integral part of its success over the past 10 years.
“Over the past 20 years we have managed to build a home-grown success story in Malta’s vibrant land-based gaming industry. Our incessant efforts led us to successfully bid and be awarded the concession to operate the Dragonara Casino, while also being declared as the Preferred Proponent of the National Lottery of Malta following separate international calls for tender issued by the Privatisation Unit,” Mr Schembri added.
“These successful efforts impose on the Group a stronger responsibility to rise to the challenges ahead of us, something I am confident we shall succeed in through the leadership of a formidable team at the level of the Board of Directors,” he continued.
IZI Finance’s Board is being strengthened with the appointment of three Independent Non-Executive Directors: Certified Public Accountant Jacqueline Camilleri, who will also chair the company’s Audit Committee, Economist Stephanie Fabri, and Banker Otto Karasek.
Matthew Borg also resigned from his position as Non-Executive Director of the company.
With over 30 years of experience, Sunny Bhatia holds and has held several senior positions in the finance sector.
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