Kreston Eastern Caribbean Establishes Formidable Presence in Professional Services Sector

The financial landscape of St. Kitts and Nevis has been significantly enhanced with the launch of Kreston Eastern Caribbean, a partnership between the local firm Maitland Maitland & Associates and the globally renowned accounting network Kreston Global. This alliance marks a pivotal moment for the region’s financial services sector, bringing the expertise and resources of a global powerhouse to the twin-island nation. The launch event, held at Palm Court Gardens, was attended by prominent figures from the business and government sectors, all recognizing the transformative potential of this partnership. The collaboration signifies not just a name change but a fundamental shift in the capabilities and reach of the local firm, promising a new era of financial services in St. Kitts and Nevis.

Kreston Global, a network of over 27,500 professionals across more than 100 countries, brings to the partnership a wealth of experience and a commitment to international best practices. With over 50 years of history, Kreston Global provides comprehensive advisory services in areas such as taxation, audit, compliance, and financial strategy. The network’s strength lies not just in its regulatory knowledge but also in its ability to offer strategic insights, local expertise, and a global perspective, empowering businesses to thrive in a complex and interconnected world. The affiliation with Kreston Global elevates Maitland Maitland & Associates, now Kreston Eastern Caribbean, to a new level of service delivery, enabling them to compete on a global scale.

The transformation of Maitland Maitland & Associates into Kreston Eastern Caribbean represents a substantial upgrade in capabilities and resources. While retaining its local base in Basseterre, the firm gains access to an expanded suite of services, including internal auditing, data analytics, and a vast network of knowledge and expertise. This access to cutting-edge resources and global best practices positions Kreston Eastern Caribbean at the forefront of the financial services industry in the region. Managing Partner Franklyn Maitland hailed the partnership as a transformative moment, emphasizing the access to a vast knowledge library and the collective expertise of professionals worldwide. This collaboration signifies a commitment to innovation, opportunity, and an enhanced ability to serve clients with a broader range of sophisticated financial solutions.

The partnership also brings significant benefits to the team at Kreston Eastern Caribbean. Access to world-class training and professional development programs ensures that the firm’s professionals remain at the cutting edge of industry trends and equipped to offer solutions comparable to any global competitor. This commitment to continuous learning and development is critical in the rapidly evolving financial landscape, allowing the firm to adapt to new challenges and opportunities and provide clients with the most up-to-date and effective solutions. The emphasis on professional development reinforces the firm’s commitment to excellence and positions it as a leader in the regional financial services market.

Dr. Timothy Harris, the former Prime Minister of St. Kitts and Nevis, a strong advocate for local business growth, lauded the launch as a significant milestone in the economic progress of the Federation. He emphasized that the partnership transcends a mere name change, representing a strategic alliance that positions St. Kitts and Nevis on the global stage. Dr. Harris highlighted the influx of talent, resources, and opportunities that the partnership brings, underscoring its significance as a victory for innovation, vision, and global connectivity. The endorsement from such a high-profile figure underscores the importance of this partnership for the nation’s economic development and its integration into the global financial landscape.

Kreston Global’s membership in the Forum of Firms, an association of international networks of accounting firms, guarantees adherence to the highest international standards of auditing, ethics, and quality control. While each member firm operates independently, they share a common commitment to exceptional client service and building strong, enduring relationships. This commitment to quality and ethical practice provides clients with the assurance that they are receiving services that meet global standards. Kreston Global emphasizes that its members act not just as accountants but as trusted advisors who understand their clients’ businesses and provide tailored guidance to navigate the complexities of the financial world. The launch of Kreston Eastern Caribbean effectively integrates St. Kitts and Nevis into this global network of excellence, raising the bar for financial, audit, and advisory services in the Caribbean. The partnership positions the twin-island nation as a hub for sophisticated financial services and signals a new era of global connectivity and opportunity.