BOV and MIA open Director nominations

Bank of Valletta plc and Malta International Airport plc have issued company announcements opening nominations for board positions.

In a company announcement, Malta International Airport plc informed shareholders that nominations for the election of directors at its forthcoming Annual General Meeting will remain open until 23rd February 2026. Eligible shareholders are required to submit nominations on the prescribed form by noon on that date.

Bank of Valletta plc also announced that, as from 18th February 2026, shareholders may nominate candidates for election to the board at its upcoming AGM scheduled for June 2026. The Bank confirmed that two vacancies have arisen for Non-Executive Directors and is inviting submissions accordingly. It outlined a detailed skills matrix for prospective candidates, spanning financial stability and risk management, anti-money laundering, regulatory compliance, IT and digitalisation, ESG in banking, and capital markets, among others.

The nomination processes come against the backdrop of the EU Women on Boards Directive, which requires large, listed companies across the European Union to ensure that at least 40 per cent of non-executive director positions – or 33 per cent of all director positions – are held by women by the end of June 2026.

International business mentor and C-suite strategist Nadia Pace has warned that the directive highlights broader governance gaps within Malta’s corporate landscape.

For Malta’s listed companies, this deadline presents both a compliance requirement and an opportunity to strengthen board effectiveness, Ms Pace told MaltaCEOs.mt, noting that diversity should not be approached as a box-ticking exercise but as part of a wider review of board composition and performance.

At present, Bank of Valletta’s board comprises 14 directors, six of whom are women – placing female representation at approximately 43 per cent. Malta International Airport’s board, by contrast, has one woman out of seven directors, representing around 14 per cent.

As nomination windows open at both BOV and MIA, the coming months will provide a practical test of how Malta’s leading listed entities respond – not only to regulatory requirements, but to mounting expectations around governance standards, diversity, and board performance.