On 16 May 2023 APS Bank plc held its first Annual General Meeting, presided by Chairman Martin Scicluna, to a larger assembly of shareholders, following the listing of its shares on the Malta Stock Exchange last June 2022.
All resolutions on the agenda of the Meeting were approved unanimously, including the distribution of dividend in the form of scrip, giving shareholders the opportunity to choose between cash or new shares. The Bank also welcomed two new Directors to the Board: Noel Mizzi and Marisa Xuereb, taking the seats vacated by Franco Azzopardi and Alfred Demarco who had served the Board since 2008 and 2016 respectively. Mr Mizzi, who has a background in accounting and auditing, will Chair the Bank’s Audit Committee and will sit on the Risk Committee, while Ms Xuereb who has a background in economics and manufacturing, will sit on the Board Credit Committee and Technology and Innovation Committee.
On these appointments, Martin Scicluna highlighted, “Apart from the extensive experience in the financial services, banking, and manufacturing industries, which the new Directors bring to the boardroom, their appointment is another step towards enhancing Board diversity in areas such as age, gender and perspectives. I welcome them aboard.”
For more information please visit: apsbank.com.mt/investor-relations/