PwC Hungary has appointed Zsolt Wermeser as a senior manager in its consulting practice, which offers premium value-adding solutions that meet today's challenges of disruptive innovation. The appointment is effective as of mid-January. Zsolt will be responsible for creating solutions to help improve clients' business processes and to ensure they comply with the increasingly strict regulations, most notably the EU's General Data Protection Regulation (GDPR) which will take effect in May 2018.

Zsolt holds a degree in economics with legal specialisation. He brings with him extensive experience gained in the financial services sector: prior to joining PwC, he worked at the Budapest Stock Exchange, the Central Bank of Hungary (MNB), the Government Debt Management Agency (ÁKK), and at commercial banks and supervisory authorities.

His accomplishments as a capital markets expert include the launching of the primary dealer system, developing government securities for retail and institutional investors, modernizing the auction system, and creating reference yields and the MAX indices in the government securities market.

He has gained experience in banking as a compliance and data protection officer, and as head of IT governance. In the course of his regulation and supervisory activities, he was in charge of capital markets supervision, and later banking supervision, and as head of the IT supervision of financial institutions.

PwC will make good use of his wide-ranging experience and innovative approach both in its consulting practice, and in improving its internal processes. He will play an instrumental role in GDPR preparedness in 2018.

In his free time, Zsolt enjoys road cycling, playing badminton, going to the theatre, and he is also devoted to combatting financial illiteracy.