MFB Magyar Fejlesztési Bank Announces Management Change
Why we think this is neutral
This announcement is a general update regarding a change in management at MFB Magyar Fejlesztési Bank. It does not contain any specific financial or operational details that would indicate a positive or negative sentiment.
Key Points
- Mandate of current Chairman and CEO Mr. Bence Katona to be terminated by mutual consent as of 30 September 2025
- Mr. Zsolt Kovács appointed as new Chief Executive Officer effective 1 October 2025
Summary
The major development bank has announced a change in its leadership, with the current Chairman and CEO departing and a new CEO being appointed.
MFB Magyar Fejlesztési Bank has announced that the mandate of the current Chairman and Chief Executive Officer, Mr. Bence Katona, will be terminated by mutual consent as of 30 September 2025. The exerciser of the ownership rights over MFB Zrt. has appointed Mr. Zsolt Kovács as the new Chief Executive Officer, effective 1 October 2025.
GENERAL UPDATE