Valerie Farrugia Senior Manager | Transaction Advisory Services Malta +356 20931809 +356 79230976

Valerie joined the Transaction Advisory Services division as a manager in January 2017. Since then she was involved in various assignments, including due diligence, BPR exercises, devising the internal audit risk assessment and internal audit planning of a listed company as well as assisting clients in raising finance through Prospects.

Valerie comes from the ECS Sector having previously worked with the Malta Communications Authority (MCA) where she managed the economic and financial aspect of both the ECS and Postal sectors. Valerie was involved in a number of projects relating to wholesale pricing on various ECS markets identified by the European Commission. Valerie has direct experience with activity based costing as a tool for cost modelling and pricing of services. Amongst the most important workstreams, Valerie was involved in the implementation of the pure-LRIC BUCM fixed termination rate as well as the long run incremental costing (LRAIC+) on the leased line market. Valerie carried out several cost modelling exercises and Discounted Cash Flow Analysis. She also worked on the calculation of the cost of capital for the fixed and mobile markets, margin squeeze testing as well as sensitivity analysis exercises.

Valerie was also involved in the identification and development of KPIs SLAs and SLGs in order to gauge and measure the non-discrimination obligations on operators designated with SMP status. During her employment with the Authority, Valerie has drafted various private and public consultation documents as well as decision notices and notifications to the European Commission.

Prior to joining the MCA, Valerie worked with the incumbent fixed telecom Maltese operator where she was directly involved in the preparation and compilation of various pricing reports such as the bottom-up cost modelling for fixed termination rates as well as local, international wholesale and retail leased lines pricing. Valerie was also involved in the compilation of regulatory accounting reporting as part of the regulatory obligations mandated by the MCA.

  • Bachelors of Accountancy (Hons)
  • CIMA Award for the Best Dissertation in Management Accounting
  • Fellow Member of the Malta Institute of Accountants (FIA)