Russell Bedford International has appointed MC Montes and Acendis as joint members in Cali, Colombia. The appointment completes Russell Bedford’s network in Colombia, which include members in Bogotá, Cartagena and Medellín.

Established in 2014 and led by Carolina Lopez, MC Montes focuses on statutory and fiscal auditing, IFRS consulting and financial consultancy services.

Ascendis, led by Tulio Rivera, focuses on consulting and accounting outsourcing for SMEs, tax and legal services.

Together, the two firms have three partners, 30 staff and 70 clients between them.

Stephen Hamlet, CEO at Russell Bedford, said: “I am delighted to welcome MC Montes and Ascendis as joint members in Colombia. Russell Bedford has held a dominant position in Latin America for many years; the addition of this new group, completing our coverage in all four major Colombian cities, is evidence that this position is continuing to grow, while at the same time providing wider access to services and expertise for clients of our members in the region.”

Carolina Lopez, managing partner at MC Montes, said: “Being able to offer our clients access to comprehensive global services is a key reason for joining an international network. Our membership of Russell Bedford provides us with new motivation for achieving our business development goals. We look forward with anticipation to building relationships with other members around the world in support of our shared goals.”

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Tulio Rivera, managing partner at Ascendis, concluded: “Gaining membership of a well-established international network of accountants is a significant moment in our group’s history. It is a move that we hope will enhance our ability to attract new clients while extending our service offering to our existing clients.”