Arthur D. Little (ADL) today announced that Peter Koncz has been appointed Partner and will focus on developing our business and services in Hungary. With a background in both the telecoms and energy industries, focusing on digital transformation and diversification, Peter rejoined ADL in 2022 as a Senior Advisor in the company’s Telecoms, IT, Media & Electronics (TIME) practice, having previously worked for ADL in a similar role. He is based out of Budapest. 

Before rejoining ADL, Peter was at MVM Next, Hungary’s biggest energy retail company, working there from 2016 as Chief Operations Development and Digital Officer, and successfully overseeing its market consolidation and diversification strategy. Prior to that, he spent twelve years at Magyar Telekom Group, where he was involved in numerous strategic transformation and innovative market measures as Corporate Strategy Director and Transformation Officer. Peter was a Senior Advisor at ADL from 2014-2016, working closely with various telecoms companies to refine corporate and transformational strategies.

Bela Virag, Managing Partner at ADL, comments, “I’m very pleased to have Peter join our partnership and am impressed with his ability to attract and grow our business in Hungary. With over 15 years of executive leadership experience in industry, Peter possesses a deep understanding of the challenges companies face as they navigate the complexities of modernizing their business models in today’s fast-paced and unpredictable environment. More importandly, Peter recognizes that sucessful transformation hinges on implementing the correct strategies. His hands-on experience has earned him considerable respect within Hungary’s consulting sector, making me confident in his ability to signifcantly enhance ADL’s presence in the region.”

Peter Koncz, Partner at ADL, adds, “The reason I joined ADL was because of how impressed I’d been when working with them as a client. The team always displayed an entrepreneurial mindset,and the implementation was realistic and digestible. They prioritized innovative, practical and execution-oriented thinking over traditional consulting methodologies. Rejoining the ADL family has been a delightful experience as I’m continuously encouraged to think differently, directly influencing how I engage with our clients to support them make the difference. I’m hugely excited to spearhead the expansion of ADL’s presence in Hungary. ”

Peter has an MBA from Purdue University, Indiana, USA, and an MSc from Corvinus University, Budapest.