Michael Refalo has been promoted to Head of Fraud & AML Operations at Greentube’s Malta offices in Birkirkara.
Mr Refalo revealed the news of his appointment on social media.
Greentube is a leading full-service provider in the online gaming and entertainment market segment, developing and providing state-of-the-art gaming solutions for internet and mobile devices.
The company operates in a total of six countries – Austria, Greece, Slovakia, the UK, Canada, and Malta – and is a part of the Novomatic Group. Greentube’s local office employs over 80 workers.
Mr Refalo joined Greentube Malta as Deputy MLRO & AML Manager in March 2022 – four months before his latest promotion.
Before that, the Head of Fraud spent just over two years at LeoVegas Group, wherein he served as AML Analyst, AML Process and Quality Coordinator, and AML Team Leader.
Between 2014 and 2019, Mr Refalo also served as Director at local consultancy and training firm Creolabs.
He takes over from Alejandro Gosttuski, who will now take on the role of an Advisor.
The company, set to launch soon, will seek to provide clients with ‘customer-centric and innovative’ financial services.
The Malta Stock Exchange recently joined other exchanges for the inaugural Ring the Bell for Climate initiative.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.