PG Group announces leadership transition: Malcolm Camilleri appointed CEO, succeeds retiring Charles Borg

In a significant leadership update, PG plc has announced that Charles Borg has retired from his role as Chief Executive Officer (CEO) and executive director of the PG Group of Companies, effective on 28th October (yesterday), following the company’s eighth Annual General Meeting.

PG plc owns and operates key assets such as PAVI and PAMA supermarkets, the PAMA Shopping Complex, and the Maltese franchises of ZARA and ZARA Home.

Mr Borg’s retirement also includes his departure from executive director roles in each of the company’s subsidiaries.

The Board of Directors expressed its deep appreciation for Mr Borg’s substantial contributions to the Group.

Since his appointment as CEO in 2016, Mr Borg has overseen a series of pivotal developments, notably managing PG’s transition to a public listed company. His impact was underscored by his prior experience as Chief Executive Officer of Bank of Valletta, a role he held from 2012 to 2015, following a 34-year career at the bank.

Additionally, Mr Borg has held directorship positions within several listed Maltese companies and served as Chairman of the Housing Authority between 2009 and 2011.

The Board conveyed its best wishes for Mr Borg’s future pursuits and recognised his leadership as instrumental in establishing the Group’s presence in Malta’s retail and FMCG sectors.

With Mr Borg’s retirement, the Board has appointed Malcolm Camilleri as the new CEO of PG Group, effective immediately.

Mr Camilleri also assumes the position of executive director within the Group and its subsidiaries. His career at PG Group began in 2006 as Chief Financial Officer, and he rose to Deputy CEO in 2008.

According to his LinkedIn profile, he is also a Certified Public Accountant and a fellow of the Institute of Accountants and the Association of Chartered Certified Accountants.

Mr Camilleri is seen as a driving force in generating innovative ideas and enhancing operational efficiency within PG Group.

Adding to the leadership transition, PG Group has also appointed Gianluca Borg as Deputy CEO.

Mr Borg’s tenure with the Group dates back to 2013, when he was appointed as Head of Purchasing, overseeing procurement for both PAMA and PAVI supermarkets.

His role expanded in 2020 when he was appointed as an executive director of PG Group, a position he will continue to hold alongside his new responsibilities as Deputy CEO.

Mr Borg’s experience within the company and his comprehensive understanding of the Group’s operations position him well to support the Group’s strategic objectives under Mr Camilleri’s leadership.

This appointment completes a seamless leadership succession, setting a solid foundation for PG Group’s continued success and growth in Malta’s competitive retail and FMCG sectors.