Malta International Airport (MIA) on Tuesday (today) announced that it has strengthened its management team with the appointment of two new Heads of department.
Paul Toledo has been appointed Head of Financial Accounting and Reporting within the finance department, while Andrew Portelli has been named Head of Technical Facilities in the technical services department.
Mr Toledo is a warranted Certified Public Accountant who also holds a Practicing Certificate in Auditing. In his new role, he will assume responsibility for the financial operations of MIA encompassing the department’s accounting stream, which includes treasury and cash management, financial accounting, management and reporting.
He brings a wealth of financial expertise to the airport, gained by servicing a number of high-profile clients, including various regulated and listed entities.
Heinz Lachinger, who was previously Head of Finance, will retain his responsibilities as the airport’s Head of Financial Controlling and Governance, Risk and Compliance (GRC).
Ing. Portelli has over 20 years of experience in engineering management, having delivered multiple projects for clients globally across various industries.
In his new role, he will be leading the facilities team, aiming to ensure proper implementation of preventive maintenance programmes and overseeing all technical work to ensure the highest standards of safety and operational efficiency.
Together with the appointments, MIA also announced that it expects traffic to reach 8.45 million passenger movements in 2024, while revenue and net profit are set to total €132 million and €44 million, respectively. In April alone, the airport welcomed 774,562 passengers, a 9.3 per cent increase in traffic volumes over the same period in 2023.
MIA connects the Maltese archipelago to over 100 destinations. In 2023, it announced a five-year investment programme totalling €250 million, with the aim of enhancing its infrastructure to handle the increasing volumes of passengers.
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