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New CEO for SmartCity Malta

Deepak Padmanabhan, the new CEO of SmartCity Malta

Deepak Padmanabhan, the new CEO of SmartCity Malta

Dubai Holding, the global investment holding company, has announced the appointment  of Deepak Padmanabhan as chief executive officer of Smart-City Malta.

Khalid Al Malik, chairman of SmartCity Malta and chief real estate officer of Dubai Holding, said: “Dubai Holding is committed to the development of SmartCity Malta, and we are pushing ahead with the next phase of the development. SmartCity Malta will become a vibrant community where people will live, work and play.

“We have appointed one of our most experienced and accomplished executives to lead the development. Mr Padmanabhan brings a wealth of expertise, including experience in mergers and acquisitions, strategy and business development, transformation and long-term value creation.”

Mr Padmanabhan led the local telecommunications company GO plc as chairman for more than a decade. He has also served on the board of SmartCity Malta since its inception.

Mr Al Malik added: “We are determined to create a central innovation hub, which will serve as the heartbeat for continued growth in Malta long into the future.

“This undertaking is a long-term partnership between Dubai Holding, the government of Malta, SmartCity Malta’s business partners, employees and stakeholders everywhere.”

The plans for the development of SmartCity Malta have evolved in line with the needs and objectives of the local business community, said a statement.

It added that SmartCity Malta has made progress on a number of fronts including significant investments in the infrastructure and development in the southern part of the island.

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