PRESS RELEASE
23 November 2022

KPMG In Malta Double Up With Second Family Business Certification

KM
KPMG Malta

Contributor

KPMG Malta logo
With a staff compliment of around 350, including 28 principals, KPMG in Malta is one of the leading providers of audit, tax and advisory services. Our vision is to be the clear choice for our clients, our people and our community. While our work is often complex, our vision is simple: to be the clear choice in professional services – for our clients, for our people and for the communities we work in.
Building on the successful completion of the STEP Advanced Certificate in Advising the Family Business, three professionals from KPMG in Malta’s Advisory function obtained a second...
Malta

Successful completion of the STEP Advanced Certificate in Advising the Family Business and in Family Business Governance.

Building on the successful completion of the STEP Advanced Certificate in Advising the Family Business, three professionals from KPMG in Malta's Advisory function obtained a second certification, the STEP Advanced Certificate in Family Business Governance. Head of Advisory David Pace, Director Ryan Mizzi, and Assistant Manager Fernando Fenech now join 65 other KPMG practitioners around the world who have successfully obtained both certificates. Partner Hermione Arciola has also completed the STEP Advanced Certificate in Advising the Family Business, joining her colleagues in gaining specialised knowledge on the theory and practice behind the family business system and how advisors can support and assist on unique challenges faced by family businesses.

The continuing focus on learning and development in this space highlights KPMG in Malta's ongoing commitment to the Family Business sector.

David Pace
Partner, Head of Advisory, KPMG in Malta

Family business, like any other business type, continue to focus on innovation and maintaining a competitive spirit, while also navigating inter-generational transitions and ownership succession. Having the right structures in place and installing the right approach and behaviours is also seen to be rising in importance over the years, especially with the increased pressure on having good governance practices. Aspects such as management's and shareholders' roles and responsibilities, corporate and family governance, and the orderly transition of management, income, control, and equity become more complex as a result of the family dimension.

Given the unique nature of family businesses, KPMG in Malta continues to invest in its people to ensure they have the right knowledge and expertise to support clients. KPMG in Malta's family business practice work with organisations of all sizes, tackling various dimensions relating to the business, including those of the family.

With the same passion seen in family businesses, KPMG advisors are inspired to help drive and maximise the success of these family businesses; no matter where they are in their journey – whether they're trying to reach new heights, embrace change, plan for future ownership, or manage the transition of wealth to the next generation, today.

Hermione Arciola
Partner, Deal Advisory, KPMG in Malta

Contributor

KPMG Malta logo
With a staff compliment of around 350, including 28 principals, KPMG in Malta is one of the leading providers of audit, tax and advisory services. Our vision is to be the clear choice for our clients, our people and our community. While our work is often complex, our vision is simple: to be the clear choice in professional services – for our clients, for our people and for the communities we work in.

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