George Fenech, chairman of the Tumas Group of companies, has passed away.
Mr Fenech was a member of the Institute of Directors (U.K.), as well as a former Governor of the Malta Arbitration Centre.
From an early age he was actively involved in the business development of the main divisions within the Tumas Group. Mr. Fenech was the driving force that channelled the Tumas Group into new areas of activity, particularly the hotel and gaming sector.
He has been one of the main promoters in the setting up of the timeshare industry both locally and abroad. His vision and leadership skills were considered as his trademarks. Under Mr. Fenech’s guidance, the Tumas Group expanded into new areas of activity and undertook the construction and management of the Portomaso project and subsequently other major real estate projects.