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AXA Bank names new management for businesses in Hungary

AXA Bank on Thursday said it is putting new management in charge of its operations in Hungary from May.

AXA Bank CEO Sándor Füzes will be replaced by Jacques Maire, who will also remain head of the group. Zoltán Nagy will replace Judit Harsányi as the head of AXA's fund manager in Hungary.

In the interest of boosting efficiency within the bank's structure, AXA named Kálmán Nagy to head a lending division and András Kovacs to oversee a deposits and everyday banking activities division.