Tancred Tabone has been elected President of the Malta Chamber of Commerce and Enterprise for 2008 during the Chamber's first council meeting.

In a brief address to fellow council members, Mr Tabone thanked them for the support shown to him through their vote and promised his full commitment to reciprocate their trust. He expressed his belief in inclusive leadership and said he would strive to seek the widest possible participation of the Chamber's members.

He thanked outgoing president Victor A. Galea for his sterling contribution during his term and said he looked forward to continuing to build on the achievements of the outgoing officials in such a crucial year following the signing of the Memorandum of Understanding for a merger with the Federation of Industry.

Mr Tabone has been a member of the Chamber since 1981 and has served on its council for the past two years. He has been managing director of the Forestals Group since 1981, during which period the group continued to grow and expand into new sectors.

In 1992, he was appointed director at the Malta Trade Fairs Corporation of which he was also chairman from 1994 to 1996. In 1992, he was appointed board director of the Water Services Corporation and became its chairman in 1995, a post he held until 1997. From 1999 to 2005, Mr Tabone was chairman of the Mediterranean Offshore Bunkering Company Ltd. In 2003, he was appointed chairman of Enemalta Corporation, a post he occupied until 2005.