The Malta Gaming Authority has unveiled a new major leadership appointment. As reported by the regulator, its Board of Governors has chosen Charles Mizzi to succeed Carl Brincat as chief executive officer.

Brincat’s departure from the MGA was announced in October when the outgoing CEO said that the decision to leave didn’t come easy.

According to MGA’s announcement, Mizzi will step into the office on January 26, 2024. The appointment comes as a result of the public call issued on October 30, 2023 and the following selection process.

Before joining the MGA, Mizzi served as the head of the Residency Malta Agency for five years. He played an important role in the organization’s ambition to solidify Malta’s reputation as one of the most reputable and desirable residencies by investment jurisdictions.

According to the MGA, Mizzi is a “dynamic and results-driven professional” who boasts extensive experience in operations management. These qualities, the MGA Board of Governors believes, make him a perfect fit for the authority. The MGA is convinced that Mizzi will build on the solid foundations laid by his predecessor and the rest of the team.

Speaking of Mizzi’s predecessor, before officially assuming responsibility as head of the MGA, the new CEO will spend several years shadowing Brincat. This step of the process will ensure a smooth transition at the helm of the authority, the MGA explained.

Mizzi Hopes to Build on MGA’s Successes

Mizzi commented on his new position, saying that he feels “honored” to have been given the opportunity to lead the MGA. He promised to work hard alongside the rest of the MGA team to build on past successes.

I am keen to build on past successes and, together with the team under the guidance of the Minister responsible and the Board of Governors, to strategically steer the Authority forward so that Malta’s already robust position in the field may be further strengthened, while delivering value to all stakeholders.

Charles Mizzi, to-be CEO, MGA

Malta’s Minister for the Economy, EU Funds and Lands, Silvio Schembri, thanked Brincat for his exceptional service as CEO of the MGA. Schembri also welcomed Mizzi as the next head of the MGA, praising his vast operational experience and contributions toward major projects.

Schembri concluded that “Charles Mizzi is undoubtedly the right candidate to continue building on what the MGA has achieved so far.”

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The Board of Directors of the Malta Gaming Authority (MGA) issued a statement to notify the general public that Carl Brincat, its Chief Executive Officer (CEO), will not be looking for a continuation of his existing contract, which will become invalid on January 25 next year.

Appreciation

The Board has expressed its gratitude to Dr Brincat, particularly for his outstanding leadership skills throughout his time as CEO. In this regard, Dr Ryan C. Pace, the chairman, said according to the official press release: “Carl has made extensive contributions to the Malta Gaming Authority and to the gaming industry in Malta and we are confident in, and very thankful for, the strong foundation he leaves behind as we continue to pursue the MGA’s strategic goals.” Additionally, Dr. Brincat said: “Leaving the MGA is a very hard decision to make. The past 9 years have been a rollercoaster of experiences which contributed to the person I am today, and it has been a privilege to lead the Authority for the past 3 years. Looking back, I am proud of the work that we have done together, and of the highly motivated team that surrounds me at the Authority. I look forward to continuing to deliver our commitments over my final few months, and have no doubt that my successor will find that the fantastic team at the MGA can help him or her continue to drive improvement further. I cannot wait to see what the future holds for the Authority.”

In terms of the individual who will succeed to the role of CEO and the responsibilities that come with it, the Board has a senior leadership succession plan planned specifically for this. On that note, it will officially send out a public call for applications for the aforementioned job. In addition, this entire planned process is intended to make sure an easy transition from Dr Brincat to the next CEO. However, the selected successor is expected to spend few weeks following Dr Brincat before officially starting his role on January, 26 next year.

Moreover, MGA stays devoted to reinforcing this essential sector in Malta and opening up the latest opportunities for excellence and innovation.

Sigma Europe’s Malta Week

From November 13 to November 17, Sigma Europe’s Malta Week 2023 festival will officially begin. During this festival, various global leaders will gather together for conference, convergence of expo and good old-fashioned networking. Additionally, the said festival will take place in the Mediterranean Maritime Hub (MMH), a bigger, more active location that is known for its industrial, raw and unconventional space compared to other venues.

Source: “Carl Brincat to hand over the reigns at the MGA”, Sigma World News, October 27, 2023

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The Malta Gaming Authority (MGA) announced that Carl Brincat, its current chief executive officer, will be departing from the regulatory body. In the meantime, the MGA will issue a public call to determine his successor.

According to the MGA, Brincat will not be seeking renewal of his current contract, which is set to expire on January 25, 2024. His yet-to-be-appointed successor is therefore set to step into the office on January 26, 2024.

As mentioned, the leadership succession plan will see the MGA issue a public call for applications. The MGA hopes to ensure a seamless transition of responsibilities from Brincat to his successor.

The MGA also added that prior to stepping into the office, the new CEO will spend several weeks shadowing Brincat.

Brincat: Leaving the MGA Was a “Very Hard Decision to Make”

In the meantime, the Maltese regulator’s board of directors thanked Brincat for his exceptional leadership and contributions. Ryan C. Pace, chairperson of the MGA, lauded Brincat as someone who has contributed a lot to the MGA and the Maltese gaming industry as a whole. Pace said that the MGA team is very thankful for the strong foundation left by Brincat, saying that they will allow the regulator to pursue its strategic goals.

Brincat also commented on his departure, saying that the decision to leave didn’t come easy.

Leaving the MGA is a very hard decision to make. The past 9 years have been a rollercoaster of experiences which contributed to the person I am today, and it has been a privilege to lead the Authority for the past 3 years.

Carl Brincat, outgoing CEO, MGA

Brincat added that he is very proud of the work that he and his team have done together. He praised the people he worked with for their passion and said that he is looking forward to working with them for a few more months.

Brincat also said that he is certain his successor will find the MGA team just as fantastic and will work with the rest of the MGA to drive further improvements. The outgoing CEO concluded that he will continue to follow the future of the MGA with interest.

On a final note, the MGA expressed its commitment to serving the Maltese gaming sector and “unlocking new opportunities for innovation and excellence.

In other news, the MGA just revoked the license of Arabmillionaire Limited.

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