May 31, 2007

From E&Y to the embassy

From 22 January 2007 – Ambassador of the Republic of Hungary to the United Kingdom.

Borbala Czako, Country Managing Partner of Ernst & Young in Hungary and Deputy Managing Partner Central Europe South worked as the TAS service line leader of the firm between 2002 and 2005. She joined Ernst & Young in January 2002 from the World Bank Group, where she worked for 10 years. She was the Chief of Mission of IFC with investment banking responsibilities in Hungary and the region. On special assignments from the WBG she worked in Washington D.C. and Africa as well.

She has extensive experience in large private sector transactions in greenfield investments, privatization, mergers and aquisitions (Westel, Matáv, TetraPack, Suzuki, Pannonplast, Rambox) and financial sector investments (Raiffeisen Unicbank, InterEuropa Bank, First Hungary Fund, Euroventures). In her recent assignments Borbala worked on securitisation, environmental, energy efficiency, SME, health and educational projects.

Embassy of Hungary in the UK

// originally read about in Accountancy, march 2007



That's a career of my dream.

Grown up in a diplomatic family, in my childhood I inertially imagined my career as a one in foreign relations - but pragmatism prevailed as when it was to decide where to go after school, and international economics was the correct decision :)

Now, as I do not work at a foreign ministry (inclusively because there is no foreign ministry I'd like to work for: neither the Russian, nor the Belarusian until it's over with Lukashenka), my only possible way of becoming diplomat is to become something comparable to Entrepreneur of the Year (as this lady did) and then be invited for ambassadorship for the sake of prestige.

Gotta do that!

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