Outgoing Hungarian c.bank chief to get management job at Erste

Parliament

Hungary’s outgoing central bank (NBH) Governor András Simor will take a leading post at Erste Bank Hungary after his mandate expires on 3 March, business portal Portfolio reported on Friday citing local daily Magyar Nemzet. The paper’s online version reminded that Simor was the founder-CEO of Creditanstalt after 1989. Simor then managed Deloitte’s Hungarian unit, from which position he was appointed by Socialist Prime Minister Ferenc Gyurcsány to head the central bank, Portfolio wrote.

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