The Board of Directors at Lombard Bank expressed tribute to late long-standing Non-Executive Director Michael Zammit, who sadly passed away on 3rd February.
Mr Zammit sat on the bank’s board alongside Non-Executive Directors Kimon Palamidis, Graham A. Fairclough, and Michael C. Bonello. Mr Bonello also serves as Chairman.
The late Director was also a Member of the bank’s Audit & Risk Committee alongside Mr Bonello, Mr Fairclough, and Mr Palamidis.
“The Board expresses its appreciation for Mr Zammit’s valued and positive contribution, commitment and dedication shown to the Bank throughout the term of his office, while conveying its sincere condolences to Mr Zammit’s family,” the company concluded.
Kenneth Farrugia said investing in professional development is central to reinforcing Malta’s financial services ecosystem and long-term competitiveness.
He will continue to helps boards and businesses navigate governance, transformation and strategic challenges.
'The bond will enable the group to pursue strategic opportunities in real estate and hospitality development.'
His real wake-up call was the realisation that he was being horrible to his family.