KPMG Partner Hilary Galea-Lauri, who specialises in Audit and head's the firm's Audit Department, is qualified as a UK Chartered Certified Accountant, and was later admitted as fellow member of the ACCA and the Malta Institute of Accountants. He is a Certified Public Accountant and holds a Practising Certificate in Auditing, and is also a member of the Malta Institute of Management.
Mr Galea-Lauri started his career working as a management accountant with a local group of companies engaged in a number of sectors.
"Joining KPMG in 1986, I was appointed Partner in 1998 and am now Head of Audit. I am the lead technical partner for the Maltese firm on KPMG’s audit methodology, besides the firm’s IFRS Liaison Partner within the KPMG network, of which I am also one of its lead audit quality reviewers. I also sit on the Audit Executive Committee and the Audit Quality Council of one of KPMG’s sub-regions.
"Within the Malta practice, I am a member of the firm’s Executive Management Committee. In my role as an audit partner, I manage a portfolio of clients operating in various sectors within and outside Malta, primarily engaged in financial services (insurance, banking and other regulated entities). I also act as a quality control reviewing partner for listed entities."
He also spent some time working for KPMG in Italy, besides travelling overseas on ad-hoc client engagements.
Mr Galea-Lauri sat on the Council of the Malta Institute of Accountants for 18 years and chaired its Accounting Committee, he also lectured on Advanced Financial Reporting for the Institute, for which he was the lead examiner over a 10-year span.
"I spent some years contributing to the work of the Accounting Working Party of the Fédération des Experts Comptables Européens (FEE) based in Brussels. I also sat on the Board of Directors of Sea Malta Company Limited, which operated the Maltese National Shipping Line."
Mr Galea-Lauri, who is a court expert in the field of accounting, shares that his areas of expertise include assurance, audit quality, audit readiness, value of audit, finance and treasury, financial services, government and public sector, academia and lecturing, as well as justice and security. He closely follows the evolving ‘Future of Audit’ and offers thought leadership in the area.
"In my personal time, I enjoy outdoor activities and participate in endurance sports (medium to long distance running and ultra-distance cycling). I am also active in charitable causes."
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