The partners, directors and management team of one of the top mid-tier accounting firms in Malta, MGI Malta, have announced a major restructuring. Under the new structure, MGI Malta, the auditing arm of the group, will have three new partners: Neville Cutajar, Christian Vella and Clive Farrugia. The non-audit assignments will be dealt with by two autonomous companies, MGI Malta Ltd and MGI Finconsult Ltd.

The new partners will be the stakeholders and directors of the new company MGI Malta Ltd that will cater for clients requiring compliance and consultancy services. George Farrugia and Nicholas Falzon will continue to offer specialised services to a niche client base through MGI Finconsult Ltd.

MGI has grown from a one-person operation to become a leading local firm specialising in compliance-related services, business coaching, corporate strategy and finance. Its target market is small, medium and family-run businesses.