John Attard named Non-Executive Director at VBL Group

Seasoned consulting professional John Attard has been named Non-Executive Director at VBL Group, the company announced on Thursday.

This comes after the real estate company held its Annual General Meeting, during which its audited accounts were approved and a total final net dividend of €180,000, corresponding to €0.0726 per ordinary share was announced.

During the meeting, all of the group’s Directors retired from office, yet given that there were seven nominations for seven vacancies, no election was needed.

In that process, Dr Attard was appointed to the role, bringing his more than 30 years of international board level, executive management and senior consulting experience at blue-chip companies, SMEs and start-ups to the group. He has worked in a number of different industries, including management consulting, financial services, medical electronics and additive manufacturing.

VBL Group stated that his contribution to the Board will be primarily associated with corporate growth transition and transformation. Dr Attard adds value by bringing a “broad, independent perspective to company issues”, and also protects shareholders’ interests through an “integrated, cross-functional, cross-business risk management and risk mitigation approach”.

The group’s Board of Directors is now comprised of Dr Attard, Andrei Imbroll, Artur Haze, David Galea Souchet, Geza Szephalmi, Isabella Vella, and Julian Tzvetkov.

Aside from his new role, Dr Attard is also R&I Project Manager of Renewables at global ropes and cords supplier Bridon-Bekaert The Ropes Group.

He holds a PhD in Physics from University of Surrey and a Master of Business Administration in Strategy and Organisational Development from Nyenrode Business University, among other qualifications. He describes himself as a PRINCE2 certified individual and has practiced in a “variety of waterfall and agile methodologies”.

VBL Group was launched in 2012 and is described as the largest owner of real estate in Valletta. It has a diversified portfolio of residential, hospitality, commercial and office space.