MKB Bank CEO to step down
Long-time MKB Bank CEO Tamás Erdei is leaving his post, the bank said on Wednesday.
Erdei will be succeeded by Pál Simák, who has been MKB's deputy-CEO and a member of the bank's board since 2008, from March 8 under a decision by the supervisory board, MKB said.
Stephan Winkelmeier, MKB supervisory board chairman and CFO of majority owner BayernLB, reaffirmed the parent company's commitment to maintaining MKB's position as an important player on Hungary's financial market and assured all necessary support.
MKB said BayernLB will show its "maximum" commitment to the bank with the successful closing on February 17 of a capital raise at its Hungarian unit.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.