Laferla Group Founder Mark Laferla Sr has handed over his managing director role to his first two sons – Mark Jr and Keith.
The hand-over, which coincides with the Founder’s 69th birthday, sees the new Managing Directors jointly assuming their new executive positions within all Laferla companies.
Meanwhile, Mr Laferla Sr is retaining his chairmanship position.
The former Managing Director stated that he felt confident that after years of managerial and directorship experience, both Mark Jr and Keith are “more than competent” in jointly directing the Laferla Group with the same “professional ethos” he instilled in the firm over the past 37 years.
Keith took to social media to thank his father for his hard work.
“Thank you for everything you’ve done, dad. You will continue to be a role model and important part of the company as our mentor and Chairman, but finally you and mum can enjoy some well-deserved free time,” the Managing Director wrote.
A family run-business at its core, the Laferla Group is one of the leading insurance providers in Malta offering a wide range of products including but not limited to motor, health, home, and travel insurance.
Featured Image:
Laferla Group
Malta hailed as ‘maritime hub of excellence’ by MMF Chairman Godwin Xerri
The Malta Maritime Forum celebrated a decade of progress at Magazino Hall, Valletta Cruise Port.
Strong guardrails and innovation ‘are not trade-offs,’ says MFSA COO Ivan Zammit
'If we build strong guardrails, the technologies that challenge us today can become the engines of safer, smarter financial systems.'
‘Trust, reputation, brand and culture can no longer sit outside the financial conversation’ – Derek Blair
The President of the Institute of Chartered Accountants in England and Wales was speaking at a recent Malta Business Network ...
‘People are the heart of our success’ – G4S Malta GM Elton Debattista
The company recently celebrated and thanked employees who 'lived G4S Malta's values through their actions'.
