MFB welcomes new chairman-CEO

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Tamás Bernáth has been appointed chairman-CEO of the state-owned Hungarian Development Bank (MFB) as of November 12 by Minister of National Development Miklós Seszták, MFB told Hungarian news agency MTI late yesterday.

The bankʼs departing CEO, Csaba Nagy, is leaving by mutual agreement. 

Bernáth was recommended for the position by Andrea Bártfai-Máger, government commissioner for postal affairs and national financial services.

Bernáth filled the position of chairman-CEO of insurer BNP Paribas Cardif Hungary from 2014, having earlier worked as managing director of OTP Bankʼs micro and small business division.

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