PwC Hungary announces 3 new partners

Appointments

PwC Hungary has announced the appointment of three new partners: Barbara Koncz, Gábor Farkas, and Peter Durojaiye, effective from January 1, 2021, according to a press release sent to the Budapest Business Journal.

Koncz and Farkas will serve in their new roles in the tax advisory service line, while Peter Durojaiye will bolster PwC Hungary’s risk assurance and cybersecurity services team.

Koncz joined PwC Hungary’s tax advisory service line in 2008. Her major area of expertise is value-added tax advisory. In addition to tax advisory, she has also gained significant experience in the field of direct state aid and services concerning research and development. She has set up and continues to lead a team of R&D experts, who help clients prepare R&D classification applications and claim cash subsidies and tax incentives.

From 2021, she will assist clients as a partner responsible for VAT services in the company's indirect tax team, and will lead the state aid and research and development teams. In recent years, she has played an active role in conducting PwC Hungary’s CEO Survey and publishing its results. The expert graduated from Eötvös Loránd University’s Faculty of Law, and she earned an undergraduate degree in economics from Széchenyi István University. She is a certified tax advisor.

Farkas has been a tax expert at PwC Hungary’s tax advisory service line since 2008. Specializing in value-added tax, he has assisted local municipalities, as well as Hungarian and multinational companies in managing their tax matters and tax disputes. After returning from his secondment in Munich, he set up a new tax consulting team in PwC’s Budapest office. He is also active in the Hungarian startup ecosystem and has assisted several innovative companies in their market entry.

As partner, Farkas will lead PwC Hungary’s indirect tax team, which includes the unit responsible for smart tax solutions, as well as tax advisory teams focusing on VAT, customs duty, and other indirect taxes. In line with PwC's strategic objectives, Farkas’s portfolio also includes supporting the firm’s innovation and digitization efforts. He obtained his MBA from the Budapest University of Technology and Economics, and is a certified public accountant and tax advisor.

Durojaiye joined the U.S. PwC firm’s cybersecurity & privacy consulting practice in California in 2006. Durojaiye, who has Hungarian and U.S. citizenship, returned to Budapest in February 2018 after 20 years. As regional director for the cybersecurity field, he worked to make the Hungarian firm’s cybersecurity strategy competitive on the international market, in line with the strategy of the CEE region.

The expert was also appointed to lead PwC’s Global Cyber Impact Centre EMEA (Europe, Middle East, and Africa) in 2018. As partner, he will continue to play a leading role in developing cybersecurity and privacy expertise in the EMEA region, the press release says. He earned a BS in Computer Engineering and an MS in System Engineering at the University of California, Los Angeles (UCLA).

 

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