IZI Finance announce seven-strong Board of Directors appointments

IZI Finance
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IZI Finance, the finance company of IZI Group, has announced the appointment of its Board of Directors, publishing the roles of seven members.

Johann Schembri, who founded the Malta-based company in 2004, is the Chief Executive Officer, with the board chaired by Dr. Christian Gernert, who will also be responsible for strategy and implementation.

“The new Board of Directors features high-calibre executives from different sectors, all of whom will be essential to lead the group forward in the pursuit of its growth strategy locally and internationally,” Schembri commented.

“I am privileged to be working with such an exceptional line-up to steer the group towards its next phase of expansion.”

With a lengthy track record of helping the group to achieve success over the prior 10 years, Franco De Gabriele and Joseph Mallia will form part of the Chief Officer suite, as Chief Commercial Officer and Financial Officer, respectively.

In addition, IZI has appointed three independent, non-executive directors to the board, including certified public accountant Jacqueline Camilleri, who will also chair the Audit Committee.

Joining Camilleri in non-executive roles are economist Dr. Stephanie Fabri and banker Dr. Otto Karasek.

“Over the past 20 years we have managed to build a home-grown success story in Malta’s vibrant land-based gaming industry,” added Schembri.

“Our incessant efforts led us to successfully bid and be awarded the concession to operate the Dragonara Casino, while also being declared as the preferred proponent of the National Lottery of Malta following separate international calls for tender issued by the privatisation unit.

“These successful efforts impose on the group a stronger responsibility to rise to the challenges ahead of us, something I am confident we shall succeed in through the leadership of a formidable team at the level of the Board of Directors.”