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Szirmák named IPFʼs European head of home credit

Botond Szirmák, head of Provident Pénzügyi Zrt., has been appointed European home credit general manager of the firmʼs parent, British-based International Personal Finance (IPF), says a press release sent to the Budapest Business Journal.

Szirmák will keep his current position at Provident Pénzügyi, but the appointment means that he will be responsible for the Romanian, Czech, and Polish markets, alongside the Hungarian one.

"It is an honor that the decision-makers of our parent company entrusted me with leading this strategically important European business branch," said Szirmák. "I will do everything to let our member countries coordinate their innovation processes via the central control of our home credit functions."

"Among others, we will incorporate proven practices from each other in fields like credit risk management and HR management, which will strengthen the business successes of the whole company group through collaboration," he added.

Szirmák holds degrees from Corvinus University of Budapest, the University of Debrecen, and Eötvös Loránd University. He joined Provident in 2002, and was appointed head of the Hungarian unit in 2008. In the last four years, he has also been supervising the operations of IPFʼs South European region.

Apart from his company positions, Szirmák is also president of the National Association of Managers since 2015, a board member of the Confederation of Hungarian Employers and Industrialists, a member of the curatorium of the National Handball Academy, and an ambassador of the charitable Csodalámpa Foundation.