EY to open new centre in Malta

EY Malta will be opening a Managed Services Delivery Centre in Malta in the coming months.

Addressing a seminar in London organsied by EY Malta, Prime Minister Joseph Muscat said the international company will be expanding its operations in Malta.

MSDC will offer a range of specialised risk management services, primarily to foreign clients.

The bulk of the MSDC’s workload is expected to relate to projects in the UK as well as mainland Europe. In the first six months of operations, the MSDC plans to hire around 50 professionals in various fields.

EY Malta is currently developing a recruitment process designed to select and retain the right people to carry out the MSDC’s commercial mandate. Those who are recruited will be given a rounded and deep immersion in the company’s operations.  

The company is expected to employ some 50 persons all specializing in the financial services sector.

Muscat said this investment confirmed Malta as an investment-attracting hub that was creating wealth.  

“We are very excited about this opportunity and delighted to be able to offer an opportunity for Maltese people to work on cutting edge projects in their home country. We have been sending our Maltese staff abroad to work on EY’s global assignments for many years and so, with the skills set that has grown at EY Malta, it was a natural step for us to set up the MSDC in order to remotely service foreign clients from right here in Malta,” managing partner Ronald Attard said.