Promotions at KPMG Romania creates two new tax partners and a transfer pricing director
KPMG has announced the appointment of two new Partners and four new Directors with effect from 1 October 2011. The new Partners are Madalina Racovitan as Tax Partner and Speranta Munteanu as Restructuring Partner. The new Directors are Daniela Oprescu (Tax International Executive Services), Teodora Alecu (Tax, Transfer Pricing),Mihai Rada (Director, Management Consulting and Telecommunications) and Cristian Itu (Director Management Consulting and Public Sector)
Madalina Racovitan – Partner, Tax
Madalina joined KPMG in 1999. She has developed KPMG’s International Executive Services (IES) practice over several years, developing a particularly strong expertise in personal taxation. Madalina has coordinated tax projects for a wide range of sectors, including oil, electronics, software, as well as food and beverages. She now also heads the firm’s People Services, which combines the work of IES, Payroll Outsourcing and Human Resources Advisory. As Partner, Madalina will continue to develop KPMG’s services and anticipate clients’ needs. “I’m especially excited by the new coordinated People Services that we offer, because it brings together a wide range of KPMG specialists from Tax, Human Resources Advisory and Employment Law, who can work together to help clients with many different issues related to the management of their human resources,” Madalina says. In her spare time, Madalina enjoys travel and she aims to visit at least one new country or destination every year. She has visited 35 countries up to now.
Daniela Oprescu – Director, Tax – International Executive Services
Daniela has been a key member of the International Executive Services team for several years. She has supported clients from a wide range of sectors and has an extensive understanding of tax and social security issues affecting expatriates in Romania, and Romanians who work outside the country. She is currently actively involved in the development of KPMG’s coordinated People Services line of business. As Daniela says: “I am very much looking forward to developing KPMG’s services within my new position. Personal tax, especially international tax advice, is a very interesting field, which gives me the chance to meet a lot of new and interesting people and to react to complex challenges.” Daniela likes to travel with family and friends. She is a very passionate reader, and has an impressive collection of scientific magazines.
Teodora Alecu – Director, Tax – Transfer Pricing
Teodora has developed KPMG in Romania’s Transfer Pricing team over the last five years, anticipating legislative change and the need for Romanian companies to have correct transfer pricing policies, together with the right documentation to justify them to the tax authorities. Teodora has established KPMG as the leading provider of Transfer Pricing services in Romania. As Teodora says: “I have chosen to specialise in transfer pricing because I predicted the potential of this sector. Recently, I have developed a new consultancy service – Planning transfer pricing – which helps clients to develop a coordinated policy to fit their economic circumstances and also to comply with statutory laws and regulations.” Teodora’s career has been marked by the figure “2” – she is proud of her 2 children, the 2 universities she has graduated from and her Phd. diploma in Economics.