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Friday 18 June, 2010

Magyar Fejlesztsi Bk

Change of the Board and Manag

RNS Number : 8866N
Magyar Fejlesztesi Bank
18 June 2010
 



Change of Board and management of MFB Hungarian Development Bank Private Limited Company (MFB Zrt.):

We hereby inform the investors of MFB Zrt., that as of 17 June 2010 Dr. Tamás Fellegi, Minister of National Development of the Republic of Hungary in his capacity as Exerciser of the Ownership Rights of MFB Zrt. recalled the Board of Directors and the Supervisory Board, as well as released Dr. János Erős from his position as Chief Executive Officer of MFB Zrt. The Minister appointed Mr. László Baranyay as Chairman of the new Board of Directors and as Chief Executive Officer of the bank. The members of the Board of Directors of MFB Zrt are the following:

·    Mr. László Baranyay, Chairman of the Board of Directors, Chief Executive Officer (according to the stipulations of the relevant law entitled to use the title of Chairman and Chief Executive)

·    Dr. Ferenc Gerhardt, Member of the Board of Directors

·    Mr. Zoltán Urbán, Member of the Board of Directors

·    Mr. György Várady, Member of the Board of Directors

·    Mr. Ferenc Orosz, Member of the Board of Directors

·    Dr. Kálmán Szentpétery, Member of the Board of Directors

 


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