17 Apr 2008

The M. Demajo Group, one of Malta�s leading privately owned commercial entities, has appointed a new CEO, Pier Luca Demajo, who takes over this role from his father, Joseph M Demajo who retains the Chairmanship of the M. Demajo Group.�
The M. Demajo Group will celebrate a hundred years of activity in two years time and today has second to fourth generation Demajo family members on its Board.� At 42 years of age, Pier Luca Demajo is a third generation Demajo family member. He has studied in Malta, UK, Switzerland and Italy and is a business management graduate.� For the past decades, he has led the Group�s IT and tourism business and was� also involved in the consumer products sector. He is married to Jacqui Sultana and has two children, Giulia and Dina.�
The M. Demajo Group is one of the most highly diversified business concerns in Malta. The Group is also a participant in various joint ventures and today its activities go well beyond Malta�s shores.� It is particularly strong in North Africa and is generating growing activity in Europe.� Corporate and family governance have allowed the Group to advance in line with the requirements of the new century while maintaining and cultivating its traditional family values.
Pier Luca Demajo said that solid commitment, dedication, vision, discipline and strong backing of the board are key success factors in his new and challenging position.�� The Group�s vision for the future is further growth both locally and internationally.� Most certainly, the Group�s formidable human resource assets resulting from the tradition and experience gained in almost a hundred years of highly diversified activity together with the support of the family and non-family directors will be invaluable for the new CEO to realise this vision.�