MAPFRE Middlesea plc on Friday announced that regulatory approval was granted on 22nd December 2022 for the appointment of Mario Debono as Chief Officer Internal Audit.
The appointment was initially announced last September, following an “intensive recruitment process” after Franco Borg resigned from the same position in May.
Mr Debono is a Certified Public Accountant with years of experience working in various internal audit roles at Bank of Valletta plc, during which time he was tasked with leading its team of audit professionals. He is particularly skilled in negotiation and financial risk management.
In his new position, he will be reporting into MAPFRE Middlesea’s audit committee.
MAPFRE Middlesea, which is a subsidiary of Spanish multinational firm MAPFRE, was established in 1981 as the first insurance company transacting general business in Malta.
Geraldine Spiteri appointed Director at ComeOn Group
Dr Spiteri is an advocate in Malta.
Budget measures on foreign labour ‘push businesses to rethink operational model’
To avoid harm to Malta’s competitiveness, rapid execution of skills upskilling and streamlined support for innovation are required, writes Herald ...
BOV results ‘demonstrate strength of business model’ – Chairman Gordon Cordina
The bank revised its profit guidance upwards on the back of what CEO Kenneth Farrugia describes as ‘strong execution’ of ...
Quinco Chairman criticises Budget 2027’s focus on consumption over competitiveness
'It is an economy facing supply-side pressures, infrastructural strains, and growing competitive pressures,' Norman Aquilina wrote.
