New CEO at the Helm of Allianz Hungária From January

Appointments

As of January 1, 2024, Gergely Bacsó is set to take over the position of CEO and chairman of the Board of Directors of Allianz Hungária from Alexander V. Protsenko, according to a press release sent to the Budapest Business Journal.

Bacsó started his career in consulting when he joined McKinsey in 2006. As head of McKinsey's Insurance Practice in Hungary, he worked with a number of international clients, not only in his home country but also on corporate transformations of banks and insurance companies in other European countries. He has also held senior positions in McKinsey's local digital and technology business at QuantumBlack and the FinTech & InsurTech Center of Excellence in Budapest.

Protsenko has been CEO and chairman of the Board of Allianz Hungária since 2019. During his tenure, he has achieved visible success in all areas of the company's business and has fostered a corporate culture based on innovation, mutual respect, and collaboration, the company tells the Budapest Business Journal. He has also lled the organization through the challenges and uncertainties of recent years. He will continue his career within the Allianz Group, in a new position to be announced in the near future.

"We would like to express our thanks and gratitude to Alexander for his transformative leadership and commitment to Allianz Hungária Zrt. and wish him continued success in his future endeavors. We are also delighted to welcome Gergely to our company, and we are confident that his arrival to the senior management of Allianz Hungária Zrt. will take transformational thinking to the next level and further strengthen Allianz's position in the Hungarian market," Petros Papanikolau, Allianz's regional CEO, Central and Eastern Europe, noted.

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