Hungarian language is the official and registered language of MBH Bank Nyrt.’s („the Issuer”) disclosures pursuant to the relevant legal and stock-exchange rules. The English language translations have been prepared with the best care and intention of the Issuer to inform English speaking investors, however, in the event of any controversy between the Hungarian and English version, the authentic Hungarian version shall prevail.

Supervisory board

Curriculum vitae of the members of the Supervisory Board

Zsigmond Járai

Zsigmond Járai is a qualified economist with decades of experience in finance. He started his career in 1976 at the State Development Bank. He has been a lecturer on investment in the electricity industry, a financial auditor, a senior lecturer in the Economics Department and head of the Economics and Securities Department. During his professional career he has worked in London and Budapest for several investment and commercial banks. He is a former founder of the Budapest Stock Exchange and has held senior positions in a number of key areas in the public sector and in the money, insurance and capital markets, including, without limitation, Deputy CEO of Budapest Bank, Deputy Minister of Finance and Chairman of the Banking Supervisory Authority. He has worked as an investment banker in London, as CEO of Magyar Hitelbank, and as Chairman of the Budapest Stock Exchange from 1996 to 1998. From 1998 to 2000 he was Finance Minister of Hungary, from 2001 to 2007 President of the National Bank of Hungary, and from 2007 to 2013 Chairman of the Supervisory Board of CIG Pannónia Életbiztosító Zrt. Government awards: Grand Cross of the Order of Merit of Hungary (2016), Honorary Knight Grand Cross of the Order of the British Empire. He has been member of the Supervisory Board and the Audit Committee of MKB Bank since April 2022, he is the Chairman of the Nomination Committee. He is member of the Supervisory Board of Magyar Bankholding Zrt. as well.

Miklós Vaszily

He graduated from the Budapest University of Economic Sciences in 1996 and from the Faculty of Law and Political Sciences of ELTE in 1997. He started his career as an equity analyst. From 2001 he was CEO of Net Média Zrt., the publisher of Portfolio.hu, and in 2005 he became CEO of Index.hu Zrt. In 2007, he was appointed Deputy CEO and member of the Board of Directors of the owner Közép-Európa Média Zrt. From February 2010 to November 2014 he was CEO of Origo Zrt. Since August 2015 he was CEO of MTVA and since October 2018 CEO of Echo TV. He was CEO of Echo TV until 31 March 2019, when the channel was merged into Hír TV. In 2019, Miklós Vaszily became president of TV2. He has been member of the Supervisory Board, the Audit Committee and the Nomination Committee of MBH Bank since April 2022.

Dr. Ilona Török

Dr Ilona Török has more than 20 years of banking experience.

She started her career at the Hungarian Financial Supervisory Authority, where she gained legal and financial experience in several areas, before becoming Head of the Licensing and Enforcement Directorate.

Between 2010 and 2021, she held various positions at OTP Bank, in Capital Markets and Treasury, and subsequently became Head of Corporate Governance, while also serving in the management boards of several domestic and foreign subsidiaries of the OTP Group.

Since March 2021, she led the office of the Chairman and CEO of MKB Bank. From November 2021 she held the same position at Magyar Bankholding and its member banks. In September 2022, she was appointed as member of the Supervisory Board of MKB Bank. From November 2022, she was a member of the Board of Directors of Takarék Jelzálogbank Nyrt. and later of MBH Jelzálogbank Nyrt. Since June 2023 she has been member of the Board of Directors of MBH Befektetési Bank. She is member of the Supervisory Board of Fundamenta Lakáskassza Zrt.

Since May 2023, she has been Head of the Chairman’s Cabinet of MBH Bank, coordinating the Bank's prudential compliance and manages central areas such as legal and governance, compliance and anti money laundering, internal audit, banking security, marketing, events and protocol, international bank relations, acquisition and group governance of credit institutions.

Kitti Dobi

Graduated from the Budapest University of Economics and Business Administration with a degree in Corporate Finance and a distinction.

She started her career in 2003 as a regional manager, responsible for various HR processes at Procter & Gamble. She gained international experience in HR management through further training in human resources and management in Geneva, Switzerland and Cincinnati, USA.

From 2008 to 2010, she managed the development of Vodafone's international operations centre, and then continued as Head of HR Processes. She obtained her OPP international MBTI coach qualification in Oxford and continued her work as a lecturer and HR management module leader at the International Business School.

From 2010 to 2014, as HR Director for the European and African Service Centres of BP's Global Services organisation (a subsidiary of British Petrol), she led the development of the company's international HR service units in Europe and Asia.

Between 2014 and 2016, she was Head of HR Service Management, Account Management and Client Management in Eastern Europe at Alexander Mann Solutions.

From 2016 she was Managing Director for Human Resources at MKB Bank Plc. and MKB Financial Group, and from 2021 Deputy CEO for Human Resources at Magyar Bankholding Zrt.

During this time, she applied for and completed the Senior HR Executive Training at Harvard Business School and obtained a qualification in HR Executive Education at the Michigan Ross School of Business.

Since May 2023, she has been Deputy CEO for Human Resources at MBH Bank.

Rita Feodor

She has been working in the business sector in the fields of taxation and accounting for more than 30 years. She was a member of the Supervisory Board and the Audit Committee of MKB Bank between September 2018 and April 2022, a member of the Risk and NPL Committee, Nominating Committee and Remuneration Committee of the Bank between January 2019 and April 2022, and has been the chairperson of the latter committee since April 2019. She has been again member of the Supervisory Board and Lady Chair of the Audit Committee of MKB Bank since September 2022. She is member of the Supervisory Board of Magyar Bankholding Zrt. She has been member of the Supervisory Board and Chairman of the Audit Committee of MBH Bank as of May 2023.

Expiry of the mandate of the members of the Supervisory Board of MBH Nyrt.:

Name of the member Beginning of membership Expiry of membership
Zsigmond Járai 04.04.2022 31.12.2025
Miklós Vaszily 04.04.2022 31.12.2025
dr. Ilona Török 02.09.2022 31.03.2026
Kitti Dobi 26.07.2021 24.07.2026
Rita Feodor 01.09.2022 31.12.2025
Name of the member
Zsigmond Járai
Beginning of membership
04.04.2022
Expiry of membership
31.12.2025
Name of the member
Miklós Vaszily
Beginning of membership
04.04.2022
Expiry of membership
31.12.2025
Name of the member
dr. Ilona Török
Beginning of membership
02.09.2022
Expiry of membership
31.03.2026
Name of the member
Kitti Dobi
Beginning of membership
26.07.2021
Expiry of membership
24.07.2026
Name of the member
Rita Feodor
Beginning of membership
01.09.2022
Expiry of membership
31.12.2025