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Joint Venture Association elects Fekete as new president

Hungary's Joint Venture Association said on Thursday it elected former vice president István Fekete as its new president at its Wednesday general meeting.

The previous president, Mol CEO György Mosonyi, whose six-year term expired, will go on as honorary president. Fekete is the CEO of Hungarian Interim Management, and is the president of the supervisory board of Henkel Hungary where he formerly acted as managing director.