Edward Hili has been appointed chief executive officer of Hili Company Limited.
The ACCA fellow, who already served as an executive director at the family firm, will now run and develop its various businesses as company CEO.
Cambridge-educated Mr Hili’s appointment was made public in a company announcement issued by Mariner Finance, which is majority owned by Hili company-owned Mariner Capital.
The 33-year-old joined the family business in 2008 as a financial analyst with its terminals and logistics branch, Mariner, taking on more roles over the ensuing years.
He jointly developed the group’s finance arm, Enacap, and its investment management arm, Trumpington Street Capital.
Hili Company’s business ranges from real estate to energy, financial services and yacht repairs and marina projects. Earlier this year, the company was given the green light by the planning authority to develop a solar farm in Bengħisa.
Hili Company is the sole shareholder of Mariner Capital Ltd, which is the majority shareholder of Mariner Finance PLC.