Paroczi Leaves Budapest to Head Compliance at QAFCO in Qatar

Paroczi Leaves Budapest to Head Compliance at QAFCO in Qatar

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Peter Paroczi, the former Director Counsel for Harman International, has left the Budapest office of the US-based consumer electronics company toa become the Compliance Officer of the Qatar Fertiliser Company in Doha, Qatar.

Paroczi had been with Harman since 2017, after spending four years in private practice and then another seven in-house, first with Samsung Electronics, then at E.On.

Commenting on his move, Paroczi told CEE Legal Matters: "The reason why I took the position is that the size, complexity and the impact of the business that we are doing here is unparalleled. I am currently heading the compliance department at QAFCO, a petrochemical and energy giant, founded by the State of Qatar in 1969. The neck-breaking speed of the economic growth and global importance of Qatar is making this country a highly competitive and challenging destination for the lawyers from all around the globe. The unique blend of the international and GCC laws that is being used in the business here is making Qatar even more compelling. The high cultural diversity and witnessing this enormous economic growth from a front-row seat was a plus to me when I joined to QAFCO."

In August 2017, Paroczi was interviewed by CEE Legal Matters shortly after he joining Harman