Mastercard Advisors to Move Regional Center to Budapest

Mastercard Advisors, a strategic consulting division of Mastercard, is moving its European headquarters to the Hungarian capital and plans to increase the number of consultants to one hundred over the next few years. The recruitment process is already underway, the company told the Hungarian news agency MTI Tuesday.

Endre Eölyüs, Managing Director for Hungary and Slovenia at Mastercard, noted that Mastercard Advisors has been working locally for the past five years. However, at the beginning of 2019, the strategy was changed and Mastercard decided to establish unified regional centers at European level . The Budapest operation will be one of these centers, alongside the ones operating in Lisbon, Bucharest and Istanbul.

The company's objective is to create a competitive advisory service by combining Mastercard's unique knowledge with a highly skilled team . Mastercard Advisors' consultancy activities are no longer limited to the financial sector, the company is also active in the spectrum of commerce and the public sector.

István Maklári, head of Mastercard's regional consulting business and tasked with expanding the Budapest team, said that the aim was to set up a team that can be deployed to a wide range of consulting projects in regional and European markets.