3rd CEO Boardroom Meeting, Nov 9


The third CEO Boardroom Meeting of the year takes place tomorrow morning, Wednesday November 9, over breakfast in the beautiful Matild Palace Hotel.

The CEO Boardroom Meeting is an invitation-only event for some of the leading expat CEOs and Budapest-based diplomats. As usual, the event will feature an in-depth roundtable discussion, this time focusing on the economic prospects for Hungary for Q3-Q4 2022. 

The BBJ's latest Macroscope Report for the period (available to purchase from our webshop) identifies some of the issues we hope to cover: Will the energy crisis prove worse for business than COVID? Will an agreement be reached between the EU and Hungary to free up much-needed funding? Are we looking at contraction in Q3-Q4 and recession by Q1, and will the recovery, when it comes, be robust? 

As usual, Spago Budapest by Wolfgang Puck will contribute to the event with a uniquely tailored gastronomic breakfast experience

Our roundtable speakers are Tamás Lőcsei, the Country Managing Partner for PwC Hungary, and Rezső Rózsai, the national senior partner and CEO at KPMG Hungary. 

Lőcsei joined PwC as an intern in 1997, and worked in several fields within accounting, tax, and legal services. He was appointed as a partner for Indirect Taxation in 2005, became Tax & Legal service line leader in 2012, and has gained wide-ranging experience working in the Netherlands, Switzerland, and Germany.

As an expert in taxation and state aid, he has often been involved in drafting legislative proposals. He has helped numerous foreign companies to invest in Hungary and the CEE region.

Rózsai began his career at KPMG Hungary almost a quarter-century ago, in September 1997. In 2002, he began working as a manager in audit, was selected for partnership in October 2008, and has been the head of audit since October 2014.

He has extensive experience in corporate restructuring, acquisition-related financial and accounting advisory, and IFRS conversions. He has been a Hungarian Chartered Certified Accountant since 1999, and an ACCA Chartered Certified Accountant since 2007.

Questions will be asked by Robin Marshall, the editor-in-chief of the Budapest Business Journal since September 2016, having worked in various capacities for the publisher since 2010. 

He moved to Hungary in 1998 as editor and publishing director of The Budapest Sun, a role he fulfilled for 10 years. He was made an MBE by Her Majesty Queen Elizabeth II in 2009 for "services to Anglo- Hungarian relations." Marshall began his career as an indentured trainee journalist at his local newspaper in southeast England in 1986, and he qualified as a reporter in 1989.

The meeting will be recorded and released in both a video and a podcast format.

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