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Corporate Governance OTP Bank Annual Report Corporate Governance 2017 275 Senior management and executive members of the Board of Directors1 of OTP Bank Dr. Sándor Csányi László Bencsik Tibor András Johancsik Chairman & CEO Chief Strategy and Finance Officer Deputy CEO Strategy and Finance Division IT and Bank Operations Division Dr. Sándor Csányi graduated from In 1996, Mr. László Bencsik gradu- Mr. Tibor András Johancsik gradu- the College of Finance and Account- ated from the Faculty of Business ated from the Budapest Technical ancy in 1974 with a bachelor’s degree Administration at the Budapest Uni- University with a degree in electri- in business administration and in versity of Economic Sciences, and cal engineering in 1988, and then 1980 from the Karl Marx University in 1999 he obtained a Master’s in in 1993 earned a further degree in of Economic Sciences with a degree Business Administration (MBA) foreign trade business adminis- in economics. He is an economist from INSEAD Business School in tration from the College of Foreign with a specialisation in finance, and France. Between 1996 and 2000 he Trade. He began his professional a certified auditor. After graduation worked as a consultant at Andersen career at as a researcher in the he worked at the Revenue Directorate Consulting (now Accenture). field of industrial automation at the and then at the Secretariat of the From 2000 to 2003 he was a Hungarian Academy of Sciences Ministry of Finance, after which, project manager at consulting firm Institute for Computer Science and between 1983 and 1986, he was a McKinsey & Company. He joined Control (MTA SZTAKI). From 1994 departmental head at the Ministry OTP Bank in 2003, when he became onwards he held management po- of Agriculture and Food Industry. managing director of the Bank sitions at the Hungarian subsidiar- From 1986 to 1989 he worked as a Operations Management Directorate, ies of international IT development head of department at Magyar Hitel and the manager with overall companies (ICL, Unisys, Cap Gemini). Bank. He was deputy CEO of K&H Bank responsibility for controlling and From 2001 he worked as an advisor from 1989 to 1992. He has been planning. He has been deputy CEO in the fields of IT and organisational Chairman & CEO of OTP Bank Plc. of OTP Bank, and head of the development, then from 2003, as since 1992. He is a member of Strategy and Finance Division, since managing director of JET-SOL Kft., the European Advisory Board of August 2009. Since 13 March 2012 he participated in the development Mastercard, one of the world’s lead- he has been Chairman of the of numerous systems in Hungary ing payment card companies, and is Supervisory Board of DSK Bank. and abroad. Since 24 February Deputy Chairman of the Board of As of 31 December 2017 she held 2016 he has been Deputy CEO in Directors of MOL Plc., Co-Chairman 34,961 ordinary OTP shares. charge of OTP Bank’s IT and Bank of the National Association of Entre- Operations Division. preneurs and Employers (VOSZ), As of 31 December 2017 she held and Co-Chairman of the Chinese- 4,510 ordinary OTP shares. Hungarian Business Council. He has been Chairman of the Hungarian Football Association (MLSZ) since July 2010, and a member of the UEFA Executive Committee since March 2015. Since April 2017 he has been a member of the FIFA Council. As of 31 December 2017 he held 605,097 ordinary OTP shares (while the total number of OTP shares held by him directly and indirectly was 2,405,097). 1 The members of the Board of Directors are elected by the General Meeting for a term of five years. 276 OTP Bank Annual Report 2017 György Kiss-Haypál Antal György Kovács László Wolf Deputy CEO Deputy CEO Deputy CEO Credit Approval and Risk Retail Division Commercial Banking Division Management Division György Kiss-Haypál is a qualified Antal György Kovács graduated from László Wolf graduated from the economist. He graduated from the the Karl Marx University of Economic Karl Marx University of Economic Budapest University of Economic Sciences with a degree in economics. Sciences in 1983. After graduation, Sciences in 1996. He started his He began his professional career he worked at the Bank Relations career as a project finance analyst in 1990 at the Nagyatád branch of Department of the National Bank for Budapest Bank Plc., and by K&H Bank, where he worked as a of Hungary for 8 years, and then 2007 he had been appointed head branch manager between 1993 served as head of Treasury at of the bank’s risk management and 1995. He has been working at BNP-KH-Dresdner Bank between department. Between 2002 and OTP Bank Plc. since 1995, first as a 1991 and 1993. From April 1993 he 2006 he also worked in Ireland county director and from 1998 as was managing director of OTP Bank’s as corporate credit risk portfolio the managing director of OTP Bank’s Treasury Directorate, and since manager for GE Consumer Finance, South Transdanubian Region. 1994 he has been Deputy CEO of and in Austria as GE Money Bank’s Since 1 July 2007 he has served as the Commercial Banking Division. consumer loans portfolio manager. OTP Bank’s Deputy CEO. He has Member of DSK Bank’s Supervisory From 2015 he was deputy head received additional training at the Board. He has been Chairman of the of the Credit Approval and Risk International Training Centre for Board of Directors of OTP banka Management Division of OTP Bank Bankers and on various courses Srbija since 10 December 2010. Plc., and was then appointed acting held by the World Trade Institute. He is Chairman of the Supervisory head of the Division. Since 3 May Between April 2007 and April 2012 Board of OTP Real Estate Ltd. 2017, he has been deputy CEO he was Chairman of the Super- He has been a member of OTP Bank’s of the Credit Approval and Risk visory Board of OTP banka Hrvatska Board of Directors since 15 April Management Division. He has been d.d. He has been Chairman of the 2016. chairman of the Board of Directors Supervisory Board of OTP Bank As of 31 December 2017 she held at OTP Factoring Ltd. since Romania SA since 12 December 597,164 ordinary OTP shares. 1 September 2017. 2012. He has been Chairman of the As of 31 December 2017 he held Board of Directors of OTP Mortgage 6,935 ordinary OTP shares. Bank Ltd. and OTP Building Society Ltd. since 24 April 2014. He is Chairman of the Supervisory Board of OTP Fund Management and OTP Mobile Kft. From 2004 to 14 April 2016 he was a member of OTP Bank’s Supervisory Board. He has been a member of OTP Bank’s Board of Directors since 15 April 2016. As of 31 December 2017 she held 23,728 ordinary OTP shares. Corporate governance 277 Non-executive members of the Board of Directors of OTP Bank Mihály Baumstark Dr. Tibor Bíró Tamás Erdei BSc Agricultural Business College Associate Professor BSc Business Administration Administration, MSc Economics Mihály Baumstark graduated with Dr. Tibor Bíró graduated with a Tamás Erdei graduated in 1978 with a degree in agricultural business bachelor’s degree in business a degree from the College of Finance administration at Gödöllő University administration from the College of and Accounting. He began his pro- of Agriculture (1973), and went on Finance and Accountancy (1974) fessional career at OTP, in a variety to do a masters in economics at the and received a further degree from of administrative roles (his last po- Karl Marx University of Economic the Karl Marx University of Eco- sition was branch manager), before Science (1981). He was employed nomics (1978). He has been a certi- going on to work at the Ministry of by the Ministry of Agriculture and fied auditor and chartered account- Finance in the area of bank super- Food Industry between 1978 and ant since 1986. He was the Head vision. Since 1983 he has been 1989. When he left the Ministry he of the Financial Department of the employed by the Hungarian Foreign was deputy head of the Investment City Council of Tatabánya from 1978 Trade Bank (today MKB), where he Policy Department. After this he was to 1982. From 1982, he was a gradually worked his way up through managing director of Hubertus Bt., professor at the College of Finance the ranks. In 1985 he became man- and from 1999 to 2012 he was dep- and Accounting, and between 1990 aging director, in 1990 he was uty CEO and then Chairman & CEO and 2013 head of department at the appointed deputy CEO, then in 1994 of Villányi Winery Ltd. (now Csányi Budapest Business School. Since he was made CEO, and from 1997 Winery Ltd.). He is currently retired. his retirement in 2015, he has been until the end of March 2012 he was He was a member of OTP Bank’s a visiting lecturer, and working Chairman & CEO. Between 1997 and Supervisory Board from 1992 to actively in his auditing and 2008, and between 2009 and 2011, 1999, and has been a non-executive consulting company. From 2000 he was the elected president of the member of OTP Bank’s Board of onwards, for a period of ten years, Hungarian Banking Association. He Directors since 1999. He has been he was a member of the Presidium is the chairman of the Supervisory Chairman of OTP Bank’s Ethics of the Budapest branch of the Board of the International Children’s Committee since 2010, as well as a Chamber of Hungarian Auditors, Safety Service.
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