His successor will be announced shortly.

Smith has led the Hungarian organization for two years, focusing on access to innovative medicines and vaccines, patient-centered healthcare and cooperation across the healthcare sector.

During his tenure, he promoted clinical research, prevention, scientific excellence and data-driven decision-making. He also supported collaboration between Hungarian biotechnology companies, academic projects and the pharmaceutical industry, exploring how locally developed innovations could help address global challenges.

MSD said Smith’s leadership had made a lasting contribution to its Hungarian operations and external partnerships. The company reaffirmed its commitment to Hungary and continued cooperation with the healthcare community to improve patient outcomes and support the development of a future-ready healthcare system.

The company did not disclose further details of Smith’s new global position.