Martin Scicluna has been nominated to replace Frederick Mifsud Bonnici as Chairman of the Board of Directors at APS Bank, following the latter’s resignation from his Directorship.

Mr Scicluna’s nomination was announced following the Bank’s Annual General Meeting earlier today and is subject to regulatory approval.
Mr Scicluna, who joined the Board of Directors in 2013, is currently Chair of the Risk Committee, a member of the Audit Committee and of the ESG Committee, as well as Director of ReAPS Asset Management, the Bank’s UCITS management subsidiary.
Further information about the status of the regulatory approval is expected to be provided in due course, as well as information on who will be nominated for the Board seat to be vacated by Mr Mifsud Bonnici.
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.