Daniela Pavia has been appointed Interim CEO of Hili Properties, effectively immediately, after Managing Director Georgios Kakouras was temporarily suspended pending the outcome of an internal investigation.

Hili Properties, a listed company that is part of one of Malta’s largest enterprises – Hili Ventures – made the announcement on Thursday (today) evening.

It did not provide further details about the reasons for the internal investigation into Mr Kakouras.

George Kakouras / LinkedIn
Georgios Kakouras

Mr Kakouras, a Greek national, also served as CEO of Harvest Technology plc – another listed subsidiary of Hili Ventures – until earlier this month. On 5th January, the company announced that he was replaced by the CFO of that company, Neacail Micallef.

Ms Pavia, who takes the helm at Hili Properties until the investigation is concluded, has been CFO of Hili Properties since 2020.

She joined the company from Hili Ventures where she was Director of Finance since 2016, having joined the previous year as Finance Manager Budgeting & Reporting. She previously worked with Deloitte.

Ms Pavia holds a Bachelor of Honours in Accountancy and a Diploma in Taxation, both from University of Malta.

Related

Ioannis Mavroudis Mavridis to serve as interim CFO at GO’s Cablenet

10 September 2026
by Julia Falzon

This announcement comes as Velisarios Masouras steps down from CFO in October.

Bridging the LGBT+ community to the corporate world: Supporting employees to make a difference

10 September 2026
by MaltaCEOs

Five ways you can support your colleagues during pride month, and beyond.

How smarter company cards help businesses control spend and earn value

10 September 2026
by MaltaCEOs

Fyorin helps businesses move beyond petty cash, reimbursements, and employee-linked cards by giving finance teams controlled, business-owned cards.

‘Tourism industry, like every other commercial activity, must be managed’ – MHRA President

9 September 2026
by Kevin Schembri Orland

'Perhaps what is now needed is clarity as to where Government wishes to see the industry,' Mr Zahra said.