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Malta Annual Review 2022
A Year of
Solving Together
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Introduction by our Territory Senior Partner, David Valenzia
Territory Senior Partner, David Valenzia welcomes us to the 2022 Annual Review and presents the firm-related initiatives over the past year.
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Explore our Key Performance Indicators
Revenue
€50M
as at 30 June 2022
€524K
cash contributions and hours dedicated to professional bodies and philanthropic activities
Message from our Clients & Markets Leader, David Ferry
Clients & Markets Leader, David Ferry explains how, despite all the challenges the last year brought, our people managed to live the New Equation’s values of building trust and delivering sustained outcomes.
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Technology
Businesses have always had to evolve and adapt to remain competitive. During the past year, our local practice has continued to invest aggressively in our Digital Services offerings, underpinned by PwC’s The New Equation global strategy, to help our clients in building trust and achieve sustained business outcomes.
Explore our lines of service
Assurance
The past two years have challenged all organisations and companies worldwide. We continue to focus on building trust in the transparency, objectivity and effectiveness of our audit work.
Tax
Technology and innovation remain critical. We have continued to invest heavily in process automation so our people can focus more on delivering high-quality service, delivering sustained outcomes and building trust.
Advisory
Our clients must meet stakeholder expectations on many issues. We continue to aid them in responding to these through our high-quality services while promoting faster and more informed decisions.
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What happened this year?
From firm announcements and official collaborations to CSR, Diversity, and social events and initiatives, FY22 was jam packed with activities and initiatives. Explore our timeline to learn about what we’ve been up to.
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Trend Talks
The official launch of our own podcast series, Trend Talks, in which through our conversations with various experts, we share our search for solutions; to uncover, untangle & understand the world of business. Explore Trend Talks Season 1 and Season 2.
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One Year Anniversary with KSU
We celebrated our 1 year anniversary sponsoring the KSU and other student organisations such as ASCS, KSJC and S-Cubed, solidifying our commitment to the incredible potential that lies within the thousands of students.
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Sports Day
One of our most popular sports event was held after a one-year gap due to COVID-19. Events such as our Sports Day not only act as a reminder to prioritise wellbeing, but are an opportunity for all our people to come together and have fun.
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Giving Back Initiative
Our Giving Back initative, during which all our people are invited to participate in a number of CSR initiatives supporting heritage sites, assisting animal sanctuaries, social support initiatives and blood donation, ran for the second time and was organised during office hours on a voluntary basis.
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Appointment of New Partners
Edward Attard and Norbert Vella appointed as new Partners from 1 January 2022.
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The PwC Award
Maria Borg (TLS), Matthew Paul Cutajar (Advisory), Petra Gatt (IFS) and Paul Toledo (Assurance) won The PwC Award during our Annual Conference, celebrating them as PwC Professionals.
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Diversity & Inclusion Strategy
We launched our new Diversity Strategy, put in place to bring a diversity and inclusion mindset into focus whilst driving tangible action.
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Walk With Us Challenge
Our second round of the Walk With Us fitness challenge between different teams across PwC, who competed to achieve a whopping 35 million steps over a span of a month!
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One year of Short Reads
Celebrating one year of Short Reads, our communication platform with clients and subscribers, containing a condensed list of our latest insights sent every 3 weeks, with 20+ editions and over 150 Thought Leadership pieces.
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Tax Conference
Our biannual Tax Conference, a full day client event discussing interesting topics unveiled by our team of tax experts together with guest speakers, happened in 2022, tackling the challenges of doing business in an ever more sophisticated tax environment.
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Announcement of New Directors
Sandra Camilleri and Konrad Borg announced as our two new Assurance Directors.
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One Year of Solving Together
Celebrating the one year anniversary from the launch of our new Global Strategy, The New Equation, a future that is human-led and tech-powered.
Message from our Human Capital Partner, Lisa Pullicino
Human Capital Partner, Lisa Pullicino guides us through the initiatives, projects and campaigns made for the most important part of our firm … our People.
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Gender
57%
female staff compliment
43%
male staff compliment
55%
of females in our managerial grades
Age
27
average age at the firm
35
average age of Manager grade & above
Nationality
29%
of our staff complement are expats
35
different nationalities
Upskilling
The world is going through a technological revolution, with technology replacing human tasks and changing the skills organisations need. These skills do not only include digital skills but also socio-emotional skills such as resilience, creative thinking and problem-solving.
Message from our Risk Partner, Lucienne Pace Ross
Risk Partner, Lucienne Pace Ross, delves into the challenges and actions taken to appropriately address risk in such a constantly evolving environment.
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ESG
Awareness is growing about the need to care for our environment and the people who live in it and do more to make sure our past mistakes aren’t a part of our future. On issues from climate change to diversity, expectations are growing for businesses to be part of the solution. This is why organisations’ environmental, social, and governance (ESG) practices are more important than ever.
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