Mihály Patai

Gerhardtʼs six-year term ends on April 21. Patai is the chairman of the Hungarian Banking Association and chairman-CEO of UniCredit Bank Hungary, one of Hungaryʼs biggest commercial lenders.

Orbán will recommend Patai for the post to President János Áder, who appoints the central bank governor and deputy governors.

Orbán has already asked House Speaker Laszló Kövér to organize a parliamentary committee hearing for Patai, the PMʼs press chief said.