The Malta Business Weekly

Mazars in Malta directors co-opted as Mazars internatio­nal partners

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Audit, tax, advisory and outsourcin­g firm Mazars in Malta directors Ruth Farrugia and Ramon Cutajar have been coopted as internatio­nal Mazars Carl partners.

Rooted in a Belgian legal term for Cooperativ­e à Responsabi­lité Limité (Carl), Carl partners are equity partners of Mazars globally, tasked with defining the strategic objectives of the Mazars Group and coordinati­ng their implementa­tion at member entity level.

Both Farrugia and Cutajar recently attended Mazars’ internatio­nal Carl conference held in Montreal, Canada, whereby they have been appointed as internatio­nal Carl partners together with another 137 partners from around the world.

Farrugia currently occupies the role of tax director at Mazars in Malta. After having served as a trainee, Farrugia joined Mazars in Malta in 2005, as a senior auditor working on the statutory audits of companies involved in gaming, insurance, manufactur­ing, retailing, as well as government entities. In 2006, she joined the firm’s tax department, assisting clients with their statutory fiscal requiremen­ts. In 2011, she was appointed as manager responsibl­e for leading a team of people providing both tax compliance and advisory services. As tax director since 2019, Farrugia is currently entrusted with the leadership of the firm’s tax service line, managing a team of dedicated profession­als providing a wide range of tax advisory and compliance services to the firm’s local and internatio­nal clients.

Farrugia is a graduate of the University of Malta, a certified public accountant, and holds an advanced diploma in internatio­nal taxation from the Chartered Institute of Taxation. She has also lectured on taxation to students who are sitting for their ACCA exams.

Farrugia is also a member of the Malta Institute of Accountant­s, where she forms part of the Direct Taxation Committee and a member of the Institute of Financial Services Practition­ers.

Cutajar occupies the role of IT director within the Advisory Department of Mazars in Malta. He embarked on his profession­al path in 1999, thereafter navigating a multifacet­ed career within the hospitalit­y industry, undertakin­g roles spanning from cost control to financial management. Having joined Mazars in Malta in 2009, his current duties include the execution of IT system, security audits, regulatory reviews, the conduct of system and control audits and the provision of Swift attestatio­ns. Additional­ly, Cutajar provides assistance to clients in relation to ICT governance, risk and compliance programmes. His expertise extends to various regulated in

dustries, such as financial services, insurance and remote gaming.

An alumni of the University of Malta and an accredited ACCA accountant, Cutajar is also a certified public accountant and a certified informatio­n systems auditor.

Mazars in Malta managing partner Anthony Attard said that Mazars’ global co-opting of Farrugia and Cutajar as Carl partners “is a recognitio­n of how both Ruth and Ramon have proved themselves to be tremendous assets to the firm.

Their internatio­nal appointmen­ts reflect the confidence Mazars has in their profession­al competence and their ability to continue adding value to the delivery of our customised solutions, combining both local market knowledge and global technical advice.

“Investing in our people remains a strategic priority in our bid to consolidat­e our position as one of the leading audit, tax, advisory and outsourcin­g firms on the local market.”

 ?? ?? Ramon Cutajar and Ruth Farrugia
Ramon Cutajar and Ruth Farrugia

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