Joseph Mallia

IZI Finance plc has announced that Joseph Mallia has bowed out from Chief Financial Officer (CFO) and Executive Director of the said company, with immediate effect.

The announcement was published on the Malta Stock Exchange, on Tuesday (today).

Mr Mallia was initially employed with Dragonara Casino in 2005 and eventually transferred to IZI Group plc on 30th June 2010, when Dragonara Gaming Limited, a subsidiary of the Dragonara sub-group within IZI Group, was awarded the concession to operate and manage the casino.

He occupied the position of CFO at IZI Group plc. As part of the top management team, Mr Mallia provided leadership in developing and implementing financial reporting and controls to support accountability and the various decision-making processes of the strategic nature within the group.

Mr Mallia has vast experience in the land-based casino and gaming industry along with business modelling and forecasting trends in the market.

The role of CFO will be occupied, on an interim basis by Nicolo’ Baldacchino Orland, the group’s Head of Finance.

In the meantime, the company stated that it has already started its efforts to recruit a new CFO.

IZI Finance plc is the finance company of its operating subsidiaries and associated companies. It has shareholding interests in its operating subsidiaries.

On the other hand, the group operates Malta’s land-based gaming industry such as casino sports betting, commercial bingo, and electronic gaming machines. Additionally, the company took over Maltco Lotteries, as from 5th July 2022.

Related

7 Books every Maltese CEO should read at least once

22 June 2024
by Helena Grech

These familiar works are essential for any business leader and owner, providing insights and strategies to excel.

Team building and bonding: Key differences and how you can get the team together

21 June 2024
by Anthea Cachia

Both activities are a great opportunity for employees and leaders to engage in conversation, unwind and have fun.

Richmond Foundation CEO says employers ‘can do much more’ to protect workers’ mental health

21 June 2024
by Fabrizio Tabone

This was highlighted during a conference by the Commission for the Rights of Persons with Disability and Richmond Foundation.

‘Nothing beats personal contact’: Majority of Malta’s CEOs favor physical meetings

21 June 2024
by Fabrizio Tabone

Technology has made it possible to communicate in different ways, yet CEOs still feel the need to have at least ...

Close Bitnami banner
Bitnami