CPHCL Finance plc

Jean-Pierre Schembri joined the Group in a Senior Executive role in 2018 and was promoted to Company Secretary for IHI p.l.c. in June 2019. Having successfully held this position for five years, Mr Schembri was appointed as CEO for CPHCL in 2024 and also sits on various CPHCL and Group subsidiary boards. Prior to joining IHI, he occupied senior positions within the Maltese public service and the European Union. He served at the Permanent Representation of Malta to the EU before joining the European Union Civil Service in 2012, where he held senior management positions. Mr Schembri holds a Master’s degree in European Politics & Administration from the College of Europe in Bruges and a BA Hons degree from the University of Malta.

With over 44 years banking experience, Michel is a banking professional and an Associate of the Chartered Institute of Bankers (ACIB). He was a Former Executive Director of HSBC Bank Malta, until the end of 2024. He held Exco roles in the bank for 15 years and for the majority of that period was Head of Commercial Banking. For the 6 years as a Director on the bank’s Board, Michel also performed the Executive role of Head of Business Development.

Michel’s banking career began in 1981, covering personal and commercial departments before moving to several Head Office and Support departments in 1992. He was later appointed Deputy Head of Operations in 2006, and subsequently Head of Business Transformation for HSBC Malta. As the Programme Manager, he was responsible for establishing HSBC UK Call Centre operation in Malta, which grew to approximately 500 staff, and later served as Head of Sales Performance in Commercial Banking at HSBC in London.

Following retirement from the bank in April 2025, Michel was appointed a Non-Executive Director of CPHCL Finance plc, Swan Laundry & Dry Cleaning Co. Ltd, RQT Ltd, Palace Landscaping Ltd., and Palazzo Leone Ltd. He also serves as Chairman of the CPHCL Audit Committee, is a member of the CPHCL Investment & Development Committee and the CPHCL REMCO.

A certified public accountant holding a warrant to practice both as an accountant and as an auditor. Currently practising as a business advisor providing governance oversight and advisory services to businesses and corporations. Serves as an independent non-executive director on the boards and audit committees of various listed and licensed companies in the financial and commercial sectors including banks, insurance and investment companies. Mario is also a mentor and advisor to family businesses. Founder, managing partner and chairman of accountancy and audit firm Ernst & Young (EY) in Malta until retirement in 2012. Specialised in auditing and assurance which he has practiced for over 35 years in Malta and abroad. Auditing experience spans over several sectors including banks, insurance and investment companies.

Michel lectures in auditing, assurance and professional and business ethics and led several training courses. Speaker at various business and professional conferences in Malta and abroad. Speaker and producer of various webinars related to auditing, corporate governance and ethics. Assisted businesses in several areas particularly relating to governance, accounting and systems of control. Served as President of the Malta Institute of Accountants and for many years formed part of the Accountancy Board which is the accountancy profession regulator in Malta. Served on various professional committees in Malta and abroad such as the council of the Federation des Experts Comptables (FEE) in Brussels (now Accountancy Europe). Member of the Ethics committee of the Malta Institute of Accountants in Malta.

Luca is a founding partner of a local law firm with over 17 years’ experience in capital markets, mergers & acquisitions and corporate law. He regularly advises public listed companies on securities listings on the Malta Stock Exchange, pre-listing structuring and ongoing compliance with applicable regulatory and disclosure obligations. Luca has significant expertise in corporate governance and supports Boards of Directors and Audit Committees of listed entities, providing guidance on governance frameworks, regulatory compliance and best-practice standards. He holds a Bachelor of Arts and Doctor of Laws from the University of Malta and a Master’s degree in International Business Law from University College London.

Rachel Stilon graduated with a Bachelor of Arts (Hons) in Accountancy from University of Malta in 1996 and began her career in finance at PwC Malta. She then proceeded to join the internal audit department at Corinthia Group in 1998, before moving into corporate finance as Financial Controller at Corinthia Palace Hotel Company Limited (CPHCL) in 2000. Since then, she has held various corporate finance related positions and is currently also the Chief Financial Officer at Mediterranean Investments Holding plc. Rachel is a Certified Public Accountant warrant holder, a Member of the Malta Institute of Accountants, and serves as a director on a number of Group subsidiaries.