Stephen McCarthy graduated with a B.A. Honours in Accountancy from the University of Malta in 1986, and went on to obtain a warrant as a Certified Public Accountant. Following to this, Mr. McCarthy worked in the financial field as Financial Controller and Financial Consultant with various companies. In 1989 he joined a team of professionals from various management fields who jointly set up The Management Advisory Group. The Group covered most areas of management, including Financial Management, and specialises in helping local and foreign businesses to restructure and to meet new market challenges.
One of the group’s major assignments was the transition of the Water Works Department (Malta) to the Water Services Corporation between 1989 and 1992, in which Mr. McCarthy played a key role in the restructuring of the organisation and the commercialisation of its accounting system. Mr. McCarthy was appointed Finance Director of Greenpeace Mediterranean for five consecutive years, during which period he also formed part of the Greenpeace International Standardisation Board.
During his working experience, Mr. McCarthy has been working with different local companies in various sectors such as the service, property development and gaming
industries. He also held the position of Financial Controller of Bigpoint International Services Limited for four years. Furthermore, Mr. McCarthy served for five years as Chairman of the Board of Directors of Union Print Company Limited and two years as Chairman of the Board of Directors of Untours Insurance Agency Ltd. Recently, Mr. McCarthy was involved in the social area, where for five years he served as CEO of the Malta Housing Authority. All the noteworthy assignments for which Mr. McCarthy has been responsible during the past years have earned him considerable experience and credibility in the field of business development and management.