On Friday (today), Kenneth Abela was named CEO Designate of AX Group, with the appointment taking effect on 2nd December.  

Just last week, he stepped down from his roles as Group Chief Financial Officer (CFO) and Company Secretary of Dizz Finance plc and D Shopping Malls.

An accountant by profession, Mr Abela has extensive experience in the hospitality industry having served as the CFO of the Island Hotels Group for many years and also having worked in a similar capacity with International Hotel Investments plc.

CEO Designate Kenneth Abela

He will succeed Michael Warrington, the current CEO of AX Group, who is set to retire soon.

Subsequently, with effect from 1st December, Mr Warrington will hold the role of Deputy Chairman of AX Group.

Established by Chairman Angelo Xuereb, AX Group was founded in 1975 and has throughout the years expanded its portfolio to include restoration works, hotels, restaurants, care homes and other projects.