ADVERTISEMENT

Citi Hungary names new head of commercial banking business

Deals

Citi Hungary announced the appointment of Balázs Toldi as the head of its commercial banking business (CCB) effective January 16, 2020, according to a press release sent to the Budapest Business Journal.

The Citi commercial banking business in Hungary predominantly serves the upper tier of the SME network and digital initiatives, focusing on a variety of growth industries, the press release says. Toldi is now responsible for developing, implementing and executing Citiʼs business strategy to support the bankʼs organic growth targets in Hungary. 

Toldi earned his dual global executive MBA degree from the University of Minnesota and Vienna University of Economics. He has 20 years of experience in banking and financial services. He returned to Citi after 12 years. His previous experience includes commercial leasing and sales force management.  Most recently, he was head of commercial banking at Budapest Bank.

"I am very glad that Balázs has rejoined our team as a colleague, who has comprehensive knowledge in commercial banking for Citi Hungary," says Kevin A. Murray, Citi CEO for Central Europe and country head for Hungary. "We are pleased that with his contribution we can continue to grow our core client relationships and to help clients grow in Hungary while supporting their expansion efforts regionally and globally. We wish him all the best at this stage of his career."

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.