Local News

Alive Cycle in aid of Charity 2017

A thought, a follow-up, a contact, and an action plan to engage in another fund-raising event towards a charitable cause is the long and short of what then had me cycle in excess of 1,000 kilometres in 7 days from Copenhagen, through Berlin to Warsaw. The funds raised went towards cancer research.

The event itself was a tough challenge, cycling as much as 180 kilometres on a long day and facing the elements (at times through lonely moments), but when you think of others who are suffering the consequences of medical conditions such as cancer, you quickly put things in perspective and bear with the odd ache or pain as you cycle away a seemingly never-ending hill.

Some ask “why do you need to go through such lengths to raise funds for charity?” to which I answer: “why not?” Taking time off work is a requisite for a healthy lifestyle. Combining that time as my annual leave with one of the sports I enjoy, and giving back something to society, makes it that more meaningful.

Alive Cycle

RSM Malta appoints two new directors

RSM Malta has appointed Bertrand Spiteri and Donald Schembri as directors. Given their extensive experience, Bertrand and Donald’s appointments will further strengthen RSM’s corporate structure. Reporting to the firm’s partners Bertrand will be responsible for business advisory services whereas Donald will be responsible for the outsourcing services that include accounting, payroll, tax compliance and liquidations.

RSM appoints new Directors

Bertrand is a Chartered Accountant and brings to RSM a wealth of experience in investment and banking services in Malta and overseas. As an experienced finance professional, Bertrand has proven skills in delivering risk and control focused projects for clients and internal stakeholders. Bertrand has worked on several advisory, corporate finance and transaction services engagements, both within financial services and other industry sectors. Bertrand also worked in investment banking in London and was responsible for financial reporting and technical accounting.

Donald is a Certified Public Accountant with extensive experience in accounting and advisory services. Prior to his employment with RSM, Donald was the Chief Financial Officer of a highly successful Group with investments in Sweden, Germany and Italy. As part of its senior management team he was crucial to improve the performance of the Group that was eventually sold to an overseas listed company.

New Senior Partner for PriceWaterHouseCoopers

New Senior Partner for PricewaterhouseCoopers in Malta

On 4 September 2017 PwC Malta announced that, following a decision of the partners, David Valenzia will be succeeding his brother, Kevin Valenzia, as senior partner of the Malta firm on October 1, 2017. Kevin Valenzia has been with PwC for over forty-three years, thirty of them as a partner, and retires from the firm on 31 December 2017 having reached the firm’s official retirement age. David Valenzia joined the firm in 1989 after qualifying as a Chartered Accountant in 1987 in London, where he worked between 1983 and 1989. He became a partner of PwC Malta on 1 January 1998. He is actively involved in the firm’s assurance practice, where, besides being the engagement leader on a number of the firm’s major clients, he deals with a large number of family businesses that form the core of the firm’s client base. He has considerable experience in assisting clients with business development projects and the restructuring of a wide range of businesses. Since 2008, David has been the partner responsible for Human Capital and, from 2014, the firm’s Finance Partner.

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