He will take over the role of CEO from József Vida, who is leaving his post to become chairman of Magyar Bankholding group member Takarék Mortgage Bank.

Barna is a former executive of OTP Bank, Hungary's biggest commercial bank, and has headed several of the lender's units in the region.

Magyar Bankholding, a merger of MKB Bank, Budapest Bank, and Takarék Group, recently announced plans to restructure and "rationalize" its branch network as well as take a decision on a name and branding in 2023.