Faculties group together departments concerned with a major area of knowledge, while institutes are of an interdisciplinary nature. The council is also responsible for appointing staff members to academic posts. The senate is largely responsible for the academic matters of the university primarily regulating studies, research, documentation and examinations at the university. The senate also establishes the entry regulations. The faculty board directs the academic tasks of the faculty. The board presents plans and proposals to the senate and the council. Besides, it determines the studies, teaching and research within the faculty. In March 2016, it was announced that Professor Alfred J. Vella was elected by the members of the University Council as the next Rector of the University of Malta. He took up the post in July 2016, when the term of the previous Rector, Professor Juanito Camilleri, expired. The administration rebranded the university for the fall semester of 2017 with a stylized version of the logo that removed the Latin motto Ut Fructificemus Deo (“We should bring forth fruit unto God”) for daily use and retained it in a version to be used in ceremonial contexts; some faculty objected to removing the motto. Malta University Holding Company The Malta University Holding Company Ltd (MUHC) embodies the commercial interests of the University of Malta. The companies comprised in the Holding Company serve as the commercial interface between the University of Malta and the business community, brokering the resources and assets of the university to provide added value through commercial activity. Companies within the group are: Malta University Broadcasting Malta University Consulting Ltd Malta University Laboratory Services Malta University Language School Malta University Publishing Malta University Residence Malta University Sports & Leisure Hotel Kappara Academic profile The university has fourteen Faculties, a number of institutes and centres and three schools. The floor area occupied by the library building is between 5,000 and 6,000 square metres. A collection of one million volumes is housed throughout the Main Library, branches and institutes. The library subscribes to 60,000 e-journals, 308 print journal titles and a collection of e-books. The university has fourteen faculties: Arts; Built Environment; Dental Surgery; Economics, Management & Accountancy; Education; Engineering; Health Sciences; Information & Communication Technology; Laws; Media & Knowledge Sciences; Medicine & Surgery; Science; Social Wellbeing and Theology. Interdisciplinary institutes and centres have been set up. The institutes include Aerospace Technologies; Anglo-Italian Studies; Baroque Studies; Climate Change &