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Deloitte Malta posts highest growth rate of the Big 4 in Malta
With a 20% growth in revenues, Deloitte Malta posted the highest growth rate amongst the Big 4 in Malta for the year ending December 2014. This emerged from a review of the Transparency Reports published on 31 March 2015. In 2014 Deloitte Malta revenue was Eur21.0 million.
Malcolm Booker, CEO at Deloitte Malta said “I am particularly pleased that this growth was organic, and was the fruit of well structured and well placed initiatives across the firm. Our success in seeking, securing, and servicing business that stems from beyond our shores is second to none.” During the year there were seven new appointments to the Director and Principal group.
With international client work accounting for 63% of the firm’s revenue, Deloitte Malta continued to win new mandates and referrals from a wide range of countries as it continued to promote Malta as an attractive jurisdiction in which to locate business. New significant client relationships were formed with clients from China, Russia, the Middle East, and the USA, amongst others.
Deloitte Malta’s growth is driven by an ambition to be recognised by its people, its clients and its community as the leading professional services firm, driving knowledge, quality, thought leadership, and innovation through the markets in which it operates. In Malta, Deloitte had a staff complement of 262 at the end of 2014 with a further 125 students on its Pathway or Chartered Accountant training programmes.
The firm continued to put talent at the heart of its agenda by making significant investments in its HR function in order to continue to ensure that the its people are trained and developed so as to enable them to fulfil their full potential and to assist them in achieving their professional aspirations. “We believe in the Deloitte experience. Our people matter to us and I believe that Deloitte matters to them.” Malcolm Booker said.
Tightened regulation, heightened professional standards and more demanding quality controls continue to underpin the daily life of professional services firms. Deloitte Malta continues to focus on quality and the high professional standards it adopts and maintains. Ben Scicluna, National Professional Practice Director at Deloitte Malta said “We are proud of the standards we have in place, and proud of our people, who are the primary asset of our firm. It is a privilege to lead an organisation of talented professionals who are deeply committed to the firm’s ethical principles and shared values”.
The online version of the report may be accessed by visiting: www.deloitte.com/mt/transparency
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/mt/about for a more detailed description of DTTL and its member firms.
Deloitte Malta refers to a civil partnership, constituted between limited liability companies, and its affiliated operating entities, Deloitte Services Limited, Deloitte Legal, Deloitte Technology Solutions Limited and Deloitte Audit Limited. The latter is authorised to provide audit services in Malta in terms of the Accountancy Profession Act. A list of the corporate partners, as well as the principals authorised to sign reports on behalf of the firm, is available here. Cassar Torregiani & Associates is a firm of advocates warranted to practise law in Malta and is exclusively authorised to provide legal services, in Malta, under the Deloitte brand.
Deloitte provides audit, consulting, financial advisory, risk management, tax and related services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 210,000 professionals are committed to becoming the standard of excellence.