The Ona plc on Monday (today) announced that it has appointed Kristina Caruana Scicluna as its new Chief Finance Officer (CFO).

The appointment came into effect on Friday 12th July 2024.

As a result, she replaces Frank Zahra, who departed the position at the start of the year, just a few months after he was first named in the position. Justin Cutajar served as interim CFO following his departure.

Ms Caruana Scicluna is a qualified public accountant having read for an Association of Chartered Certified Accountants (ACCA) qualification.

She commenced her career with W&M Zammit Tabona Limited and grew within the finance team to eventually make her way up to Finance Manager for the group.

In 2020, she was appointed Group Finance Manager at Bay Street Group.

Ms Caruana Scicluna moved to The Ona plc in 2023 when she was named Finance Manager, a position she held up until her newest role.

The Ona plc forms part of The Ona Group, a group of business ventures based in Malta that has a presence in the hospitality, development, and the marketing and distribution of a number of brands. It is spearheaded by Cliona Muscat, a seasoned entrepreneur who has experience leading the management of the international retail brands the group brough to Malta, including Women’s Secret, Springfield, Pedro de Hierro and Cortefiel.

The group’s presence in the hospitality industry is driven by its franchise agreement for the management of AC Hotels by Marriott.