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Budapest Bank names new CEO

György Zolnai, a Hungarian who has headed units of multinational banks in Russia and Poland, will take over as CEO of Budapest Bank, a subsidiary of GE Capital, from July 1, Budapest Bank said on Monday.

Zolnai oversaw the expansion of GE Capital's Russian unit and he became the unit's head in 2010. Earlier, he was managing director of Poland's Bank Pekao, a unit of Unicredit.

Zolnai will replace Sean Morrissey, who was recently named to head GE Capital's bank in the Czech Republic.