Mastercard Advisory brings regional center to Budapest


Mastercard Advisors, the corporate strategy advisory branch of Mastercard, is set to bring one of its European centers to Budapest, increasing the number of employees in the advisory team to 100, according to a press release sent to the Budapest Business Journal.

"Mastercard is an international tech firm which has an unmatched insight on the evolution of the global payment industry, from traditional card acceptance, through digital payments, to future payment solutions," says Endre E枚ly眉s, director responsible for Hungary and Slovenia.

"We want to share this exceptional knowledge and expertise with our clients in the separate advisory branch too."聽

"In the past five years, the [...] activities of Mastercard Advisors was limited to the local level, working on local projects," he adds. "However, at the beginning of 2019 we changed our strategy and Mastercard decided to create a unified system of regional centers on the European-level, with a higher number of advisors."

Thus, Budapest joins Bucharest, Istanbul and 聽Lisbon, and recruitment of new advisors has already begun.

始Outstandingly competent始

"Our aim is to create an advisory service, via combining Mastercard始s unique knowledge with an outstandingly competent team, that is competitive in the current market," E枚ly眉s says.

He adds that an important change means that Mastercard Advisors始 activity is not limited to finance anymore.聽

"At the Budapest center of MasterCard Advisors, we have set the goal of creating a team consisting of talents that are not only deployable in Hungary, but on the regional and European markets as well, and delegable to a range of different advisory projects," says Istv谩n Makl谩ri, head of advisors delivery in CEE, and the expert responsible for expanding the company始s Budapest team.

"Local assignments only make up the minority of the work of the center here, with the larger portion being regional and European ones. We are convinced that Mastercard Advisors is also special from the employees始 aspect as well, as the majority of our projects consist of strategic tasks, which are presented before the CEOs of Europe始s biggest players. Advisors working here could get to know a given territory, and additionally, we can provide an outstanding work-private life balance for our employees," Makl谩ri adds.


Financial Transformation: Now or Never聽 Analysis

Financial Transformation: Now or Never聽

Gov't Extends Deposit Rate Cap Till Year-end Government

Gov't Extends Deposit Rate Cap Till Year-end

Media Markt Sanctioned for False Advertising Retail

Media Markt Sanctioned for False Advertising

'Creating CEElicon' Valley in Focus of聽HVCA聽Investment Confe... Conferences

'Creating CEElicon' Valley in Focus of聽HVCA聽Investment Confe...


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.