Board of Directors


Angelo Xuereb is the Chairman of the AX Holdings group of companies, one of Malta’s leading entrepreneurial groups.  He was born in Naxxar in  1952, and received his education at Stella Maris College.  At a very young age, he demonstrated an inclination towards business.  He attributes his success to four simple but strong words – Creativity, Efficiency, Challenge and Determination.

His business interests today include a wide range of activities, namely: tourism, construction, property development, restoration, project management, real estate, health care, quarrying and sea terminal operations.  In 2010 he amalgamated his 5 hotels under the umbrella of AX Hotels.  He is a  Council member of the Building Industry Consultative Council (B.I.C.C.) and Malta Developers’ Association (MDA).

Mr Xuereb is also very active in civic life.  He was the elected Mayor of Naxxar for two terms, and is Honorary President of several clubs and societies.  In 1982 he joined the Sovereign Order of St John of Jerusalem “Knights Hospitaller” and in 1999 was appointed Commander of Justice.  Mr Xuereb is married to Josephine  and they have three children and two grandchildren.


Michael Warrington is a Certified Public Accountant and a Fellow of the Malta Institute of Accountants, as well as an Associate Member of the Chartered Institute of Bankers in the United Kingdom. Mr Warrington holds a Masters Degree in Financial Services from the University of Malta.

 Mr Warrington is a director of AX Investments plc and of Forthnet SA and is also the C.E.O. of AX Holdings Limited.

He has held various board positions with Public listed companies in Malta and overseas as well as a number of private entities and family owned companies.


Claire Zammit Xuereb is our Group Hospitality Director within the AX Group. She oversees the hospitality division of the group including the five properties managed by AX Hotels, namely The Palace, Palazzo Capua, The Victoria Hotel, The Seashells Resort at Suncrest and Sunny Coast Resort & Spa and their catering establishments, together with the Tal-Kaptan restaurants, Qawra and Valletta Waterfront. She held various positions within the Group including that of General Manager of The Palace & The Victoria Hotel, and has had vast exposure in the local industry as a whole.

Claire was an MHRA treasurer between 2005 and 2008. She served as President for the 4 star sector in the subsequent years. Claire was also appointed Chairman of I.T.S. during 2010. Today she forms part of a number of boards within the Malta Community Chest Fund, all on voluntary basis. Claire is a graduate from the prestigious Centre International de Glion in Switzerland with a Bachelor’s degree in Hospitality and Tourism Management and also graduated from the University of Wales with a Bachelor of Science (Hons) in International Hospitality Management. Claire has consequently had the advantage of working overseas, primarily in London as well as a taste of the cruise business.


After completing her Bachelor’s Degree in Management from the University of Malta, Ms Denise Xuereb joined the AX Construction’s team during the construction and finishing of Five-Star The Palace Hotel in Sliema.

Having caught the project management bug during this hands-on experience, Denise pursued her studies further by embarking on a Masters of Science programme specialising in Programme and Project Management at the Ecole Superieure de Commerce in Paris.

Since coming back to Malta, Denise has been busy managing the projects for the construction of the new Parliament Building in Valletta, the Hilltop retirement village in Naxxar, the restoration of various bastions in Valletta and Birgu, together with a number of other multidisciplinary projects. She currently holds the position of Construction Director at AX Construction and oversees the efficient management of the construction division within AX Holdings.


Chris Paris’ involvement in construction dates back some forty years, he started as a draughtsperson with MaltConsult international and promoted to Architectural Design leader engaged on a number of foreign prestigious projects. Since then he was engaged with other international architectural establishments including Richard England and Partners Ltd. His involvement in the local scene varies from design work to site management, particularly in the hospitality industry on various hotel projects. In 2001 he was engaged with VISET plc with the responsibility for the development of the cruise port project taking up the role and responsibility of General Manger after the completion of the project development.

In 2009 he joined the Grand Harbour Rehabilitation Corporation as CEO to oversee a number of projects related to the rehabilitation of Valletta, one of which was the City Gate Project. He served for 4 years as Deputy Chairman of Malta Industrial Parks.

In January 2015 he was nominated as Director of AX Holdings and is currently engaged in overseeing the group’s projects development.


Mr John Soler has more than 40 years’ experience in retail banking after holding several senior positions with BOV plc.

He led the bank’s operations for over a decade before being appointed to the senior management team as Chief Officer Credit, with responsibility for BOV’s lending portfolio, including consumer lending, business lending, and mortgages.

At BOV, John was also responsible for card business and trade finance.  Apart from sitting on the AX Holdings Board, he presently also sits on the Board of FCM Bank Ltd and Valletta Cruise Port Plc.


Josef Formosa Gauci was educated at De La Salle College Malta and Stonyhurst College in the UK. and graduated in economics from Nottingham University in 1989. He is a member of the Institute of Chartered Accountants in England and Wales and a fellow of the Malta Institute of Accountants.

He worked with Price Waterhouse in London and in Malta and was subsequently General Manager of the Galaxy Hotel and of Trident Developments Ltd. Between 2008 and 2014 he was CEO of the Malta Tourism Authority. He has also served as President of MHRA and was a member of MCESD. He is also a member of the Sovereign Military Order of Malta.

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