Senior management and executive members of the Board of Directors1 of OTP Bank Dr. Sándor Csányi Dr. Zsolt Barna László Bencsik Chairman & CEO General Deputy CEO until 20 July 2020 Deputy CEO Group Governance and Operations Strategy and Finance Division Division Dr. Sándor Csányi graduated from the Dr. Zsolt Barna started his professional In 1996, Mr. László Bencsik graduated from College of Finance and Accountancy in career at the State Financial and Capital the Faculty of Business Administration at 1974 with a bachelor’s degree in business Market Supervisory Commission, and the Budapest University of Economic administration and in 1980 from the Karl rising through the ranks he became Sciences, and in 1999 he obtained a Marx University of Economic Sciences managing director of the Financial and Masters in Business Administration (MBA) with a degree in economics. He is an Capital Market Supervisory Directorate in from INSEAD Business School in France. economist with a specialisation in finance, 2006. In this position, he was responsible Between 1996 and 2000 he worked as and a certified auditor. After graduation for the supervision of banks and banking a consultant at Andersen Consulting he worked at the Revenue Directorate groups. Between 2006 and 2010, he was (now Accenture). From 2000 to 2003 he and then at the Secretariat of the Ministry a member and permanent invitee to the was a project manager at consulting of Finance, after which, between 1983 CESR’s, CEBS’s management bodies and firm McKinsey & Company. He joined and 1986, he was a departmental head professional committees. From 2008 to OTP Bank in 2003, when he became at the Ministry of Agriculture and Food 2009 he was one of the decisive figures managing director of the Bank Operations Industry. From 1986 to 1989 he worked in crisis management activities conducted Management Directorate, and the as a head of department at Magyar Hitel in the banking sector. Between 2010 and manager with overall responsibility for Bank. He was deputy CEO of K&H Bank 20 July 2020, he held the following controlling and planning. He has been from 1989 to 1992. He has been offices at the OTP Group: He was initially deputy CEO of OTP Bank, and head of the Chairman & CEO of OTP Bank Plc. since the Chairman of the Board of Directors of Strategy and Finance Division, since 1992. He is Deputy Chairman of the Board CKB Bank in Montenegro, where he was August 2009. Since 13 March 2012 he has of Directors of MOL Plc., Co-Chairman of in charge or the bank’s reorganisation. been Chairman of the Supervisory Board the National Association of Entrepreneurs He was Chairman & CEO of OTP Real of DSK Bank. and Employers (VOSZ), and Co-Chairman Estate Investment Fund Management Ltd. As of 31 December 2020 he held 43,037 of the Chinese-Hungarian Business between 8 June 2016 and 31 August 2018. ordinary OTP shares. Council. He has been Chairman of the From September 2016 to 31 August 2018, Hungarian Football Association (MLSZ) he was the Chairman of the Board of since 2010, and a member of the UEFA Directors of OTP Fund Management Ltd. Executive Committee since March 2015; He was Chairman of the Board of Directors has been the Deputy Chairman of the of OTP Real Estate Investment Fund UEFA Executive Committee in 2019. Since Management Ltd. between 8 June 2016 2017 he has been a member of the FIFA and 20 July 2020. Between 10 September Council and the Deputy Chairman of the 2018 and 29 March 2019, he was Chairman FIFA Council since 2018. Since 1995 he of the Supervisory Board of OTP Real has been the Deputy Chairman of the Estate Ltd. Between 1 September 2018 Board of Trustees of the International and 20 July 2020, he was the General Child Rescue Service, and since 2003 Deputy CEO in charge of OTP Bank’s Group he has been the Chairman of the Board Governance and Operations Division. of Trustees of the Prima Primissima Between 29 March 2019 and 20 July 2020, Foundation. In 2005, he established he was Chairman of the Board of the Csányi Foundation for Children from Directors of OTP Real Estate Ltd. Between his own assets. Since 2009, he has been 13 December 2019 and 20 July 2020, he a member of the Board of Trustees of was a member of the Board of Directors, the Media Union Foundation for Social and between 16 December 2019 and Consciousness Shaping. Since 2020, 20 July 2020, he was Chairman of the he has been the chairman of the Board Board of SKB Banka in Slovenia. of Trustees of the Foundation for the University of Sopron. In 2021, he became chairman of the Board of Trustees of the Foundation for the Hungarian University of Agricultural and Life Sciences. As of 31 December 2020 he held 926,378 ordinary OTP shares (while the total number of OTP shares held by him directly and indirectly was 4,712,505). 1 The members of the Board of Directors are elected by the General Meeting for a term of five years. 336 OTP Bank Annual Report 2020 Tibor András Johancsik György Kiss-Haypál Antal György Kovács László Wolf Deputy CEO Deputy CEO Deputy CEO Deputy CEO IT Division Credit Approval and Risk Retail Division Commercial Banking Division Management Division Mr. Tibor András Johancsik graduated from Mr. György Kiss-Haypál is a qualified Mr. Antal György Kovács graduated from Mr. László Wolf graduated from the Karl the Budapest Technical University with a economist. He graduated from the Buda- the Karl Marx University of Economic Marx University of Economic Sciences degree in electrical engineering in 1988, pest University of Economic Sciences in Sciences with a degree in economics. in 1983. After graduation, he worked at and then in 1993 earned a further degree 1996. He started his career as a project He began his professional career in 1990 the Bank Relations Department of the in foreign trade business administration finance analyst for Budapest Bank Plc., at the Nagyatád branch of K&H Bank, National Bank of Hungary for 8 years, from the College of Foreign Trade. He began and by 2007 he had been appointed where he worked as a branch manager and then served as head of Treasury at his professional career at as a researcher head of the bank’s risk management between 1993 and 1995. He has been BNP-KH-Dresdner Bank between 1991 and in the field of industrial automation at the department. Between 2002 and 2006 he working at OTP Bank Plc. since 1995, first 1993. From April 1993 he was managing Hungarian Academy of Sciences Institute also worked in Ireland as corporate credit as a county director and from 1998 as the director of OTP Bank’s Treasury Directorate, for Computer Science and Control (MTA risk portfolio manager for GE Consumer executive director of OTP Bank’s South and since 1994 he has been Deputy CEO SZTAKI). From 1994 onwards he held Finance, and in Austria as GE Money Transdanubian Region. Since 1 July 2007 of the Commercial Banking Division. management positions at the Hungarian Bank’s consumer loans portfolio manager. he has served as OTP Bank’s Deputy CEO. Member of DSK Bank’s Supervisory Board. subsidiaries of international IT develop- From 2015 he was deputy head of the He has received additional training at the He has been Chairman of the Board ment companies (ICL, Unisys, Cap Gemini). Credit Approval and Risk Management International Training Centre for Bankers of Directors of OTP banka Srbija since From 2001 he worked as an advisor in the Division of OTP Bank Plc., and was then and on various courses held by the World 10 December 2010. He has been a member fields of IT and organisational develop- appointed acting head of the Division. Trade Institute. Between April 2007 and of OTP Bank's Board of Directors since ment, then from 2003, as managing Since 3 May 2017, he has been deputy CEO April 2012 he was Chairman of the Super- 15 April 2016. director of JET-SOL Kft., he participated in of the Credit Approval and Risk Manage- visory Board of OTP banka Hrvatska d.d. As of 31 December 2020 he held 571,925 the development of numerous systems in ment Division. He has been Chairman of the Supervisory ordinary OTP shares. Hungary and abroad. Since 24 February As of 31 December 2020 he held 7,592 Board of OTP Bank Romania SA since 2016 he has been Deputy CEO in charge ordinary OTP shares. 12 December 2012. He has been Chairman of OTP Bank’s IT Division. He has been of the Board of Directors of OTP Mortgage Chairman of the Supervisory Board of Bank Ltd. and OTP Building Society Ltd. Monicomp Zrt. since 1 April 2016. since 24 April 2014. He is Chairman of the As of 31 December 2020 he held 31,055 Supervisory Board of OTP Fund Manage- ordinary OTP shares. ment and OTP Mobile Kft. He was a member of OTP Bank’s Supervisory Board from 2004 to 14 April 2016. He has been a member of OTP Bank's Board of Directors since 15 April 2016. As of 31 December 2020 he held 46,651 ordinary OTP shares. Corporate governance 337 Non-executive members of the Board of Directors of OTP Bank Tamás György Erdei Mihály Baumstark Dr. Tibor Bíró Deputy Chairman BSc Agricultural Business College Associate Professor BSc Business Administration Administration, MSc Economics Mr. Tamás György Erdei graduated in 1978 Mr. Mihály Baumstark graduated with a Dr. Tibor Bíró graduated from the College with a degree from the College of Finance degree in agricultural business administ- of Finance and Accountancy (1974) and from and Accounting.