Keith Busuttil has been appointed Non-Executive Director of Hili Finance – a subsidiary of Hili Ventures – succeeding Carmelo Hili, who resigned from his role as Director of the company with effect from 7th January 2022.
The newly-appointed Non-Executive Director has also been made Non-Executive Member of the company’s Audit Committee with effect from 7th January 2022.
In this capacity, Mr Busuttil will be replacing Dorian Desira, who ceased to be a member of the Audit Committee as of 7th January. Mr Desira will nonetheless retain the position of Executive Director of Hili Finance.
Mr Busuttil joined 1923 Investments, another subsidiary of Hili Ventures, in 2020, where he now occupies the role of CEO.
He joined the company after a lengthy tenure as Portfolio Manager at London-based Oceanwood Capital Management.
Mr Busuttil’s previous roles include Partner at Dalton Strategic Partnership, Vice President at The Blackstone Group, and M&A Senior Sanalyst within the Investment Banking Division of Credit Suisse in London.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.
Astrid and Juanito Camilleri said the strong reviews are resulting in steady export growth.
The bank also appointed a new Head of Internal Audit.
He has also been appointed Board Member at JA Europe.