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.