United Finance plc on Friday shared that Kevin Rapinett has been named Non-Executive Director, with effect from 1st February 2023.
United Finance, which forms part of family-owned investment company United Group, also announced that Helga Ellul has put forward her resignation as Non-Executive Director, with effect from 25th January 2023, six months after she was appointed in the role, as she is winding down her operations due to personal commitments.
The company proceeded to thank her for her “service and contribution” throughout her time in the position.
Mr Rapinett has enjoyed a long career in the banking and finance industry, having occupied a number of senior positions at HSBC Bank Malta, including Head of Global Markets and Investment Banking, and Managing Director and Stockbroker at HSBC Stockbrokers (Malta) Ltd.
In 2020, he was appointed Group CEO at Halmann Vella Group, a position he still occupies to this day. He is also an Independent Non-Executive Director at Mizzi Organisation Finance plc and M&Z plc. Mr Rapinett currently sits on the Malta Chamber of Commerce, Enterprise and Industry’s Council.
Initially set up in 1926 as a small transportation company by Carmelo Gatt Baldacchino, United Group has since grown and diversified its operations to become active in the automotive, retail, and real estate sectors. United Finance is a wholly owned subsidiary of the group, and was set up in 2000 with the aim to raise finance through public capital markets.
Featured Image:
New United Finance plc Non-Executive Director Kevin Rapinett
This event brought together leading international speakers, innovators, and BOV’s in-house experts.
He has served as Director of the bank’s Belgian subsidiary, MeDirect Bank S.A., since January 2021.
The ‘return of vehicles’ rule would have imposed disproportionate burdens on Malta’s trailer and truck operators.
Prime Minister Robert Abela announced the new measure on Sunday, saying it will protect workers from exploitative employers who don’t ...