President appoints Mihály Patai MNB deputy governor

History

President of the Republic János Áder appointed Mihály Patai as deputy governor of the National Bank of Hungary (MNB) on Wednesday, state news agency MTI reported.

Mihály Patai

Patai will replace Ferenc Gerhardt, whose six-year term as MNB deputy governor ends on April 21, according to earlier reports.

Patai is the chairman of the Hungarian Banking Association. For 13 years he was chairman-CEO of UniCredit Bank Hungary, one of Hungaryʼs biggest commercial lenders, from which post he resigned because of his current appointment.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.