Smartcare Finance plc has announced a series of changes to its board of directors and audit committee.
Smartcare Finance plc serves as the financing arm of the Smartcare Group, which operates primarily in elderly healthcare services and real estate development.
The company confirmed the resignation of Ian Stafrace, who stepped down from his roles as independent non-executive director and Chairman of the audit committee, as well as Arthur Gauci, who resigned from his position as independent non-executive director and member of the audit committee.
To strengthen its governance framework, Smartcare Finance announced the appointment of Adrian Sciberras as an independent non-executive director and member of the audit committee. Dr Sciberras is a certified public accountant and advocate specialising in corporate law, taxation, and business consulting. He is a fellow member of the ACCA and a member of the Malta Chamber of Advocates, and currently practises at a law firm he founded.
The company also appointed Isabella Vella as an independent non-executive director and member of the audit committee. Ms Vella brings extensive experience across the banking, construction, real estate, and hospitality sectors, having held senior managerial roles and directorships over several decades.
She previously served on the boards of companies involved in the ownership and operation of the Westin Dragonara Hotel & Resort and The Malta Marriott Resort & Spa, and currently holds several non-executive directorships in locally listed entities.
In addition, Sandro Grech has assumed the role of Chairman of the audit committee with effect from the same date.
Finally, further to an earlier announcement published on 7th November 2025, Lawyer Saverio Lauretta will also be appointed as a non-executive director. Dr Lauretta has over 26 years of experience in asset and project management, financial management, corporate strategy, and legal practice, and holds a law degree from the University of Catania.
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