New top executives to support digitization efforts and communications of Hungarian Bankholding
The management of Hungarian Bankholding will be strengthened by two more recognized experts: Roland Pecsenye, an acclaimed specialist in the fintech sector, has joined the banking group as Deputy CEO responsible for digitization and operations, while István Kutas, currently leading the communications team at Magyar Telekom, will be serving as head of communications.
Roland Pecsenye joined Hungarian Bankholding Ltd. with effect from October 1, 2021. The specialist will assist the work of Balázs Vinnai dr., chief advisor to the chairman. As a corporate manager, mentor and investor, Roland Pecsenye has been involved in the success stories of several companies over the past decade and a half, and has significant global experience in fintech, M&A and investment. Throughout his career, he has held various executive positions in digital financial services companies such as IND Group, Barion, and Finastra (formerly Misys). The specialist has invested in a number of European fintech startups in recent years and regularly provides advice and mentoring through well-known incubation programs.
From January 1, István Kutas will join Hungarian Bankholding as head of communications, strengthening the banking group's area responsible for key issues, government relations, ESG sustainability and communications. For the past three years, the specialist has been the head of corporate communications of Magyar Telekom. Prior to that, he served as Telenor's Director of corporate communications and sustainability for seven years. He previously worked for E.ON for several years in multiple positions, and began his communications management career at Béres Pharmaceuticals Ltd.
The new executives of Hungarian Bankholding Ltd., leading the merger of Budapest Bank Ltd., MKB Bank Plc. and Takarék Group, will be working on the implementation of the five-year strategy adopted in March 2021, the goal of which is to set up a universal bank leading digitalization and striving for a market leading position.
Hungarian Bankholding Ltd.
Hungarian Bankholding Ltd. is a domestically owned financial holding company, which aims to implement the merger of Budapest Bank Zrt., MKB Bank Nyrt. and Takarék Group. The company commenced its effective operation on 15 December 2020, after MNB (acting as the central bank of Hungary) approved the merger of three credit institutions, and the shares of the key owners were transferred to the joint holding company. By transferring the in-kind contributions, the second largest banking group in Hungary has been established.
In March 2021, the Board of Directors and the Supervisory Board of the Hungarian Bankholding approved their five-year strategy for the merger of the member banks, based on which the fusion of the three credit institutions is planned to be concluded in 2023. The aim of the emerging large bank is to be the most modern bank in Hungary, which will introduce flexible, internationally leading digital solutions.The new large bank will serve the full market spectrum and all customer segments in the future, with a significant emphasis on the provision of new, modern range of products and services to retail, micro, small and medium-sized enterprise and agricultural customers.
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