Senior management and
members of the Board of Directors

Senior management of OTP Bank and executive members
of the Board of Directors

Dr. Csányi Sándor


Dr. Sándor Csányi
Chairman & CEO

Dr. Sándor Csányi


He graduated from the College of Finance and Accountancy in 1974 with a bachelor’s degree in business administration and in 1980 from the Marx Károly University of Economic Sciences with a degree in economics. He is an economist with a specialisation in finance, and a certified auditor.

After graduation he worked at the Revenue Directorate and then at the Secretariat of the Ministry of Finance, after which, between 1983 and 1986, he was a departmental head at the Ministry of Agriculture and Food Industry.
From 1986 to 1989 he worked as a head of department at Magyar Hitel Bank. He was deputy CEO of K&H Bank from 1989 to 1992.

He has been Chairman & CEO of OTP Bank Plc. since 1992.

 

 


He is a member of the European Advisory Board of MasterCard, one of the world’s leading payment card companies, and is Vice Chairman of the Board of Directors of MOL Plc., Co-Chairman of the National Association of Entrepreneurs and Employers (VOSZ), and Co-Chairman of the Chinese-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 FIFA’s Council.

As of 31 December 2016 he held 416,753 ordinary OTP shares (while the total number of OTP shares held by him directly and indirectly was 2,216,753).

Bencsik László


László Bencsik
Chief Strategic and Financial Officer
Strategy and Finance Division

László Bencsik


In 1996, Mr. László Bencsik graduated from the Faculty of Business Administration at the Budapest University of Economic Sciences, and in 1999 he obtained a Masters in Business Administration (MBA) from INSEAD Business School in France.

Between 1996 and 2000 he worked as a consultant at Andersen Consulting (now Accenture).

From 2000 to 2003 he was a project manager at consulting firm McKinsey & Company.

 

 


He joined OTP Bank in September 2003, when he became managing director of the Bank Operations Management Directorate, and the manager with overall responsibility for controlling and planning.He has been deputy CEO of OTP Bank, and head of the Strategy and Finance Division, since August 2009.
Since 13 March 2012 he has been Chairman of the Supervisory Board of DSK Bank.

As of 31 December 2016 he held 30,033 ordinary OTP shares.

Johancsik Tibor András


Tibor András Johancsik
Deputy CEO
IT and Operations Division

Tibor András Johancsik


He graduated from the Budapest Technical University with a degree in electrical engineering in 1988, and then in 1993 earned a further degree in foreign trade business administration from the College of Foreign Trade.

He began his professional career at as a researcher in the field of industrial automation at the Hungarian Academy of Sciences Institute for Computer Science and Control (MTA SZTAKI). From 1994 onwards he held management positions at the Hungarian subsidiaries of international IT development companies (ICL, Unisys, Cap Gemini).

 

 


From 2001 he worked as an advisor in the fields of IT and organisational development, then from 2003, as managing director of JET-SOL Kft., he participated in the development of numerous systems in Hungary and abroad.

Since 24 February 2016 he has been Deputy CEO in charge of OTP Bank’s IT and Bank Operations Division.

As of 31 December 2016 he held no ordinary OTP shares.

Kiss-Haypál György


György Kiss-Haypál
Deputy CEO
Credit Approval and Risk Management Division

György Kiss-Haypál


Mr. György Kiss-Haypál is a certified economist. He graduated from the Budapest University of Economic Sciences in 1996.

At the beginning of his professional carrier he worked at the Budapest Bank Plc. as a project financing analyst, then, for 2007, he became the chief of the risk management.

From 2002 to 2006 he worked in Ireland at GE Consumer Finance as manager of the corporate credit risk portfolio and in Austria at GE Money Bank as manager of the consumer credit risk portfolio.

 

 


From 2015 he was the Deputy Chief of Credit Approval and Risk Management Division, then the acting Chief of the Division.

Since 3 May 2017 he has been Deputy CEO Credit Approval and Risk Management Division.

Kovács Antal


Antal György Kovács
Deputy CEO
Retail Division

Antal György Kovács

He graduated from the Marx Károly University of Economic Sciences with a degree in economics.

He began his professional career in 1990 at the Nagyatád branch of K&H Bank, where he worked as a branch manager between 1993 and 1995.
He has been working at OTP Bank Plc. since 1995, first as a county director and from 1998 as the managing director of OTP Bank’s South Transdanubian Region. Since 1 July 2007 he has served as OTP Bank’s Deputy CEO.

He has received additional training at the International Training Centre for Bankers and on various courses held by the World Trade Institute.

 

 

Between April 2009 and April 2012 he was Chairman of the Supervisory Board of OTP banka Hrvatska.He has been Chairman of the Supervisory Board of OTP Bank Romania SA since 12 December 2012. He has been Chairman of the Board of Directors of OTP Mortgage 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.He was a member of OTP Bank’s Supervisory Board from 2004 to 14 April 2016.
He was a member of OTP Bank's Board of Directors since 15 April 2016 till 17 March 2017.
He has been a member of OTP Bank's Board of Directors since 12 April 2017.

As of 31 December 2016 he held 22,000 ordinary OTP shares.

Wolf László


László Wolf
Deputy CEO
Commercial Banking Division

László Wolf


He graduated from the Marx Károly University of Economic Sciences in 1983. After graduation, he worked at the Bank Relations Department of the National Bank of Hungary for 8 years, and then served as head of Treasury at BNP-KH-Dresdner Bank between 1991 and 1993.

From April 1993 he was managing director of OTP Bank’s Treasury Directorate, and since 1994 he has been Deputy CEO of the Commercial Banking Division and a member of the Supervisory Board of DSK Bank.

 

 


He has been Chairman of the Board of Directors of OTP banka Srbija since 10 December 2010. He is Chairman of the Supervisory Board of OTP Real Estate Ltd.

He has been a member of OTP Bank's Board of Directors since 15 April 2016.

As of 31 December 2016 he held 595,791 ordinary OTP shares.



Non-executive members of the Board of Directors of OTP Bank

Baumstark Mihály


Mihály Baumstark
Agricultural Business Administration,
Economics

Mihály Baumstark


He graduated with a degree in agricultural business administration at Gödöllő University of Agriculture (1973), and went on to do a masters in economics at the Marx Károly University of Economic Science (1981).

He was employed by the Ministry of Agriculture and Food Industry between 1978 and 1989. When he left the Ministry he was deputy head of the Investment Policy Department. After this he was managing director of Hubertus Bt., and from 1999 to 2012 he was deputy CEO and then Chairman & CEO of Villányi Winery Ltd. (now Csányi Winery Ltd.). He is currently retired.

 

 


He was a member of OTP Bank’s Supervisory Board from 1992 to 1999, and has been a non-executive member of OTP Bank’s Board of Directors since 1999.

He has been Chairman of OTP Bank's Ethics Committee since 2010, as well as a member of its Remuneration Committee since 2011, and of its Nomination Committee since 2014.

As of 31 December 2016 he held 44,800 ordinary OTP shares.

Dr. Bíró Tibor


Dr. Tibor Bíró
College Associate Professor

Dr. Tibor Bíró


He graduated from the College of Finance and Accountancy (1974) and from the Marx Károly University of Economics (1978) with a degree in business administration.

He has been a certified auditor and chartered accountant since 1986. He was the Head of the Financial Department of the City Council of Tatabánya from 1978 to 1982. From 1982, he was a professor at the College of Finance and Accounting, and between 1990 and 2013 head of department at the Budapest Business School. Since his retirement in 2015, he has been a visiting lecturer, and working actively in his auditing and consulting company.

 

 


From 2000 onwards, for a period of ten years, he was a member of the Presidium of the Budapest branch of the Chamber of Hungarian Auditors, and also worked as a member of the Chamber’s Education Committee for five years.

He has been a non-executive member of OTP Bank’s Board of Directors since 1992.

He has been a member of OTP Bank's Remuneration Committee since 2009, and of its Nomination Committee since 2014.

As of 31 December 2016 he held 31,956 ordinary OTP shares.

Erdei Tamás


Tamás Erdei
Business Administration

Tamás Erdei


He graduated in 1978 with a degree from the College of Finance and Accountancy. He began his professional career at OTP, in a variety of administrative roles (his last position was branch manager), before going on to work at the Ministry of Finance for two years in the area of bank supervision.

Since 1983 he has been employed by the Hungarian Foreign Trade Bank (today MKB), where he gradually worked his way up through the ranks. In 1985 he became managing director, in 1990 he was appointed deputy CEO, then in 1994 he was made CEO, and from 1997 until the end of March 2012 he was Chairman and CEO.

 

 


Between 1997 and 2008 he was the elected president of the Hungarian Banking Association.
He is the Chairman of the Supervisory Board of the International Children’s Safety Service.

He has been a member of OTP Bank’s Board of Directors since 27 April 2012. He has been Chairman of the OTP Bank’s Risk Assumption and Risk Management Committee and of its Nomination Committee since 2014.

As of 31 December 2016 he held 6,439 ordinary OTP shares.

Gresa István


Dr. István Gresa
Business Administration and Economics

Dr. István Gresa

He graduated from the College of Finance and Accountancy in 1974 and received a degree in economics from the Marx Károly University of Economic Sciences in 1980. He earned a PhD from the same establishment in 1983.

He has worked in the banking sector since 1989. Between 1989 and 1993 he was branch manager of Budapest Bank’s Zalaegerszeg branch.
From 1993 he was director of OTP Bank’s Zala County Directorate, and from 1998 he served as the executive director of the bank’s West Transdanubian Region.

 

 

From 1 March 2006 until 14 April 2016 – when he retired – he was deputy CEO of the Credit Approval and Risk Management Division.

He is also Chairman of the Board of Directors at OTP Factoring Ltd.

He has been a member of OTP Bank’s Board of Directors since 27 April 2012.

As of 31 December 2016 he held 132,041 ordinary OTP shares.

Pongrácz Antal


Dr. Antal Pongrácz
Economics

Dr. Antal Pongrácz

He graduated from the Marx Károly University of Economic Sciences and earned a PhD in 1971. From 1969 he worked as an analyst at the Petrochemical Investment Company, then as a group manager at the Revenue Directorate until 1975. From 1976 he held various executive positions at the Ministry of Finance. After that, he was the first Deputy Chairman of the State Office for Youth and Sports. Between 1988 and 1990 he was the first Deputy CEO of OTP Bank. Between 1991 and 1994 he was CEO, and then Chairman & CEO, of the European Commercial Bank Rt. Between 1994 and 1998 he was Chairman & CEO of Szerencsejáték Rt, then in 1998-99 he served as CEO of Hungarian flagship carrier, Malév.

 

 

Since 2001 he has been managing director of OTP Bank’s Staff Division and more recently – up until his retirement on 14 April 2016 – Deputy CEO.

Since 12 April 2012 he has been Chairman of the Supervisory Board of OTP banka Hrvatska d.d.He has been a member of OTP Bank’s Board of Directors since 2002.

He was a member of OTP Bank Plc’s Board of Directors from 9 June 2009 to 14 April 2016.

As of 31 December 2016 he held 70,077 ordinary OTP shares.

Dr. Utassy László


Dr. László Utassy
Chairman & CEO
Merkantil Bank Ltd.

Dr. Lászó Utassy


He graduated from the Faculty of Law of Eötvös Lóránd University in Budapest in 1978.
He held various positions at the State Insurance Company between 1978 and 1995 and then went to work at ÁB-Aegon Rt.

He was Chairman & CEO at OTP Garancia Insurance from 1996 to 2008.
He was managing director of OTP Bank Plc. between 2009 and 2010.

 

 


Since 1 January 2011 he has been Chairman & CEO of Merkantil Bank Ltd.

He has been a member of OTP Bank’s Board of Directors since 2001.

He has been a member of OTP Bank's Risk Assumption and Risk Management Committee since 2014.

As of 31 December 2016 he held 264,000 ordinary OTP shares.

Vörös József


Dr. József Vörös
Professor, academician
University of Pécs

Dr. József Vörös


He earned a degree in economics from the Marx Károly University of Economic Sciences in 1974. In 1984 he earned a PhD in economics from the Hungarian Academy of Sciences, and a Doctor of Science degree in 1993. He has been a member of the Hungarian Academy of Sciences since 2013.

Between 1990 and 1993 he was the dean of the Faculty of Business and Economics, Janus Pannonius University (JPTE) in Pécs. In 1993 he attended he attended a course in management for senior executives at Harvard University.

 

 


From 1994 he was a professor at JPTE, and was the senior Vice Rector of the University from 2004-2007, between 2007 and 2011 he was chairman of the Board of Trustees.

He has been a non-executive member of OTP Bank’s Board of Directors since 1992. He has been Chairman of OTP Bank's Remuneration Committee since 2009, and of its Risk Assumption and Risk Management Committee since 2014.

As of 31 December 2016 he held 156,114 ordinary OTP shares.

 

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