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Ionuţ Simion to be Appointed Country Managing Partner of PwC Romania

Date: 04/23/2015
Source: PwC
 Starting with 1 July 2015, Ionut Simion will take over the Country Managing Partner position of PwC Romania, held for 11 years by Vasile Iuga, who will continue to be South East Europe Cluster Leader within the firm.

„I am very glad that Ionut Simion has been appointed in this very important position in the Romanian professional services market. It is an acknowledgement of his success and his exceptional professional evolution, which I have supported from the start and to which I had the pleasure to contribute. Ionuţ, together with Mihaela Mitroi (Tax and Legal Services Leader), Kenneth Spiteri (Assurance Services Leader) and Radu Stoicoviciu (Head of Advisory Services) form an extremely efficient management team. I am confident that they, as a team, have all the advantages to capitalise the current market opportunities and take the firm to a whole new level. I wish Ionut Simion the best of luck in his new position!” stated Vasile Iuga.

„I am extremely honoured, but also well aware of the great responsibility coming with the appointment as Country Managing Partner of PwC Romania. I would like to thank my colleagues for their trust and support and especially Vasile Iuga, who during his mandate managed to build an extremely powerful and prestigious team of consultants and has contributed in a fundamental way to the development of the consulting profession in our country. I start this new chapter at a time when both the global economy and the professional services sector change at Internet speed. My main objective is related to leadership in the market, for the firm as well as our clients, both in the private and public sectors.
We will continue to support them in their development and solving the problems they are faced with, contributing in the same time to consolidate a climate of trust in the Romanian business environment. I am glad to have next to me in this endeavour a team of professionals who have proven their value in numerous important projects”, said Ionuţ Simion.

Ionuţ Simion joined PwC Romania in 2000 and was appointed Tax and Legal Services Partner in 2007. Over the years he accumulated a considerable amount of experience in the transfer pricing sector, in international tax structuring, being also involved in many M&A projects. Ionuţ founded and coordinated the Transfer Pricing team of PwC Romania and advised some of largest Romanian and international companies. Ionuţ Simion specialised in transfer pricing during a six months secondment at the PwC New York office. Starting with 2012, he coordinated the Tax department of PwC in Chişinău, Republic of Moldova.

PhD in Economy, Ionuţ holds tax law lectures at the Academy of Economic Studies in Bucharest as part of a taxation Master’s programme. He is a member of the International Fiscal Association (IFA), assistant member of the Joint Forum of the European Union on transfer pricing and a member of the Romanian Chamber of Tax Consultants.

Ionuţ Simion was elected several times as member of the Board of Directors of AmCham, and currently he is Vice-president of the chamber. Over the years, he was involved in major projects involving the local tax authorities as well as international organizations, aiming to improve the Romanian business environment, the tax legislation and modernize the Romanian tax system.

As a passionate marathon runner, Ionuţ is the main sponsor of the PwC run4fun club, as well as of the PwC football team.

Vasile Iuga joined PwC upon its incorporation in Romania, in 1991. He became Partner in 1997 and, starting with 2004, he has been the Country Managing Partner for Romania, coordinating a team of over 650 professionals in five offices. Starting with 2005 he was a member of the Management Board of PwC Central and Eastern Europe (CEE – a region that includes 30 countries and over 7,500 professionals). In 2008, Vasile Iuga was appointed Managing Partner of PwC for South-Eastern Europe (SEE), a region covering 11 countries with over 1,100 employees.

He is one of the most respected consultants in Romania, with a complex experience, in thousands of projects, spanning over 24 years in fields such as IFRS implementation, business valuations and restructuring, mergers and acquisitions, privatizations and strategic advisory.

Author of numerous articles in various fields such as energy, financial services and geopolitics, Vasile Iuga is also the co-author of the first Romanian book on management strategies – Success formulas for the next decade – published in 2011, and coordinator of Seven Fundamental Topics for Romania, published in 2014. In 2012 he received the Professor Honoris Causa Title from the Babeş-Bolyai University in Cluj-Napoca.


About PwC
PwC helps organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 195,000 people who are committed to delivering quality in assurance, tax and advisory services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
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