MDB Board of Directors
The MDB is run by a Board of Directors consisting of a Chairperson and four Directors appointed by the Minister (all from the private non-bank sector) as well as two independent Directors appointed by the Minister on the recommendation of the Malta Council for Economic and Social Development (MCESD). The Chairperson shall be appointed after consultation with the Opposition.
The Chairman and the two independent Directors shall hold office for a period of six years and may be re-appointed. The other Directors shall hold office for five years and may be re-appointed.
The Board of Directors shall exercise its mandate independently and in an autonomous manner and shall not seek or receive instructions from the Government or any other public authority.