On 5 April 2013, Bank of Valletta p.l.c. was notified by the Government of Malta that it is nominating Mr. John Cassar White as Chairman and Director. The Government is also nominating Mr. Taddeo Scerri as Director of Bank of Valletta p.l.c. Mr. Cassar White will be succeeding Mr. Frederick Mifsud Bonnici after the Government of Malta accepted the offer of resignation of Mr. Frederick Mifsud Bonnici. Mr. Taddeo Scerri will be replacing Dr. Gordon Cordina whose offer of resignation was also accepted by the Government of Malta.

Mr. Cassar White's latest position within the Bank was of Chief Officer Risk Management. Mr. Scerri is one of the founding partners of RSM Malta and is currently the Managing Partner.