PwC Legal has appointed former Allen & Overy partner Hugh Owen as its next head of legal in Central and Eastern Europe, after the exit of long-standing head Karl Paadam.
Owen joined PwC as of counsel in September 2021 in its Central and Eastern Europe M&A practice. He was previously a long-standing partner at Allen & Overy, where he held several leadership positions including head of the Ukraine desk, and helped launch A&O’s Slovak and Romanian offices during his time at the firm.
His new role as CEE head will make him responsible for PwC lawyers and staff across 27 countries in the region, and will see him replacing Karl Paadam, who is leaving PwC to move on to his own, as yet unspecified, personal venture.
“The time has come for me to step aside from PwC and join the ranks of Estonian founders,” Paadam wrote on LinkedIn, “and leave the business in the hands of exceptionally driven partners who are passionate about our clients, people, and solving complex business problems that go beyond law.”
Paadam founded PwC Legal in Estonia in 2012 before becoming the managing partner of PwC Legal in Central Eastern Europe in 2017. He joined the legal arm’s global leadership team in September 2021.
PwC has lost several members of its U.K. and European legal team in recent months, including German managing partner Steffan Schniepp to Eversheds Sutherland in August, and in May the exit of both corporate partner Oliver Williams to Katten Muchin Rosenman in London and head of PwC Legal’s U.K. real estate investment division Amit Unadkat to CMS.