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PwC Central and Eastern Europe, the professional services firm, has announced the election of Nick Kós (photo) as its new CEO for a four year term, with effect from 1 July 2018. Nick Kós is currently the Country Managing Partner of PwC Hungary and has held several leadership roles in the region. He has been involved in serving several major clients of the firm in Hungary and CEE, such as NOKIA Group, MOL and Diageo. Nick will take over from the current CEO Olga Grygier-Siddons, who steps down as CEO at the end of her current four-year term on 30 June 2018.
 
Nick Kós commented: “I’m honoured to have been elected as CEO of PwC CEE. This is an exciting time for PwC in Central and Eastern Europe and it is a privilege to lead our more than 10,000 people as we work together to take our firm from strength to strength.
 
“I will remain focused on delivering the best of PwC to our clients while continuing to invest in our people, skills and technology – all of which are key to our future success. Helping our clients respond to the challenges and opportunities of the current market climate by giving them access to high quality teams and services is vital. I look forward to working with our Partners across the region to maximize our relationships with clients and continue to bring value to our clients and wider stakeholders.
 
“I want to thank Olga for her commitment and dedication over the past four years. I look forward to building on her experience, relationships and achievements.”
 
Olga Grygier-Siddons commented: “It has been an honour to serve as CEO of PwC CEE. I am particularly proud of all the work we are doing with our clients and stakeholders to make our countries and the region of Central and Eastern Europe more competitive and prominent in the global economy.
 
“My congratulations to Nick Kós, with whom I will work closely to ensure a smooth and successful transition into his term of leadership of our regional business.
 
“My warm thanks to our clients for engaging with us, and to all of our people across the region for their hard work in helping to build trust, solve important problems and make a real difference in the societies in which we operate.”
 
Nick Kós is 49 years of age and of Irish and Hungarian heritage. He is currently Country Managing Partner of the Hungarian firm and has been with PwC for 27 years, 24 of them based in the CEE region and 18 as an Assurance partner. 
 
He has previously held the leadership positions of Assurance Leader for the Western Region, Consumer and Industrial Products Assurance Leader in Poland and Assurance Leader for Russia and the Eastern Region. He has been involved in serving several major clients of the firm in Hungary and CEE, such as NOKIA Group, MOL and Diageo.