SD Finance plc, the financing arm of db Group, has announced that Philip Micallef will be retiring from his role as Director and as a member of its Audit Committee, with effect from today 31st December 2025.

The announcement was made by the company’s Board of Directors, which expressed its appreciation for Mr Micallef’s contribution during his tenure. The Board thanked him for his service and wished him well in his future endeavours.

The company also confirmed that there are no other matters concerning Mr Micallef that require disclosure under the Capital Markets Rules.

Over the course of his career Mr Micallef he has held CEO and Executive Chairman positions in several prominent organisations, including Air Malta, the Bermuda Regulatory Authority, Melita Cable, Malta Enterprise and the Malta Communications Authority.

His professional background spans the transformation of national markets, the strengthening of regulatory and governance frameworks, and the steering of organisations through periods of restructuring and heightened scrutiny. In more recent years, Mr Micallef has focused on non-executive roles, contributing independent oversight and strategic guidance across financial services, technology and insurance sectors, with particular involvement in audit, risk, compliance and IT committees.

SD Finance plc has not yet announced any appointments to fill the vacancy created by Mr Micallef’s retirement.

Featured Image: Philip Micallef / Facebook

Related

Mounting complexity driving business leaders to time-tested approach: Learning from others

30 December 2025
by Robert Fenech

Regular engagement with peers who have faced similar challenges helps reduce blind spots and sharpen decision-making – translating into more ...

Malta International Airport CEO after 10 million passengers: ‘Thank you for a remarkable year’

30 December 2025
by Sam Vassallo

CEO Alan Borg celebrated this historic year for Malta's airport.

Rise of AI as an offensive tool mean cyber attacks ‘no longer a question of if, but when’

30 December 2025
by Sam Vassallo

The financial consequences of hesitation were stark, cybersecurity expert Keith Cutajar says.

Why empathy will define successful leadership in 2026

30 December 2025
by Sam Vassallo

Tech entrepreneur Simon Azzopardi reflects on 'one of the most mentally demanding years' he can remember.