Corporate Governance
Organization chart
Download the organization chart of OTP Bank (pdf)
Senior management and executive members of the Board of Directors
The members of the Board of Directors are elected by the General Meeting for a term of five years.
Dr. Sándor Csányi
Chairman of the BoD
Dr. Sándor Csányi
Chairman of the BoD
He graduated from the College of Finance and Accounting in 1974 with a bachelor’s degree in business administration and from the Karl Marx University of Economic (now: Corvinus University) in 1980 with a master’s degree in economics and finance, where he also obtained a doctorate in finance between 1981-1983. He is a chartered accountant – certified by the Ministry of Finance in 1982. After graduating he worked at the Tax Revenue Directorate and then at the Secretariat (Banking Supervision Section) of the Ministry of Finance. From 1983 to 1986, he was Head of Department at the Ministry of Agriculture and Food Industry. From 1986 to 1989 he was a senior department head at the Hungarian Credit Bank (MHB). From 1989 to 1992 he was Deputy CEO of K&H Bank.
He has been the Chairman and CEO of OTP Bank Plc. since 1992.
He is Vice Chairman of the Board of Directors of MOL Plc. and Co-Chairman of the Chinese-Hungarian Business Council.
In 2022, through contributing 100% of the shares of Bonitás 2002 Zrt. and Hungerit Zrt. as well as substantial cash, he founded Unity Asset Management Foundation, which acts as his “Family Office” and manages sizable investments.
Bonitás 2002 Zrt. is the holding company that oversees his investments in agriculture, the food industry, real estate and asset management, which comprise some 240 directly or indirectly owned companies.
Bonitás 2002 Zrt. is one of the largest investors in agriculture and food industry in the CEE region through Bonafarm Group, Hungerit Zrt. and KITE Zrt. generating a total annual revenue of EUR 2.5 billion with more than 9,500 employees and with a total of 40,000 hectares of cultivated farmland. The Bonafarm Group is vertically integrated with agricultural companies producing the raw materials for food processors: Hungary’s largest meat processor, Pick Szeged Co and MCS Vágóhíd Zrt., the dairy company Sole-Mizo Zrt. and the winery Csányi Pincészet Zrt. It also has significant investments in real estate and construction companies as well as in venture capital and real estate funds through the Bonitás Venture Capital and Real Estate Fund. The size of venture capital fund is EUR 20 million and the average VC investment is between EUR 900,000 and EUR 2 million, while the size of the real estate fund is EUR 80 million. Bonitás 2002 Zrt.’s portfolio also includes the largest hungarian private hospital, BEK Zrt.
He has been President of the Hungarian Football Federation (MLSZ) since 2010. From 2015 until 2023 he was a member of the UEFA Executive Committee, from 2017 to 2023 Vice President thereof and from 2017 a member of the UEFA Finance Committee. He has been a member of the FIFA Council since 2017, and Vice President of the FIFA Council since 2018.
He has been the owner of Pick Szeged Handball Club since 2011. He has been the Honorary President of the International Judo Federation since 2024.
He has been the Vice President of the Board of Trustees of the International Children’s Safety Service since 1995, and Chairman of the Board of Trustees of the Prima Primissima Foundation since 2003. In 2005, he established the Csányi Foundation for Children with his own funds, which supports the education of over 523 highly talented underprivileged children from the age of 10 till their graduation through 7 talent centres located throughout in Hungary. Since 2009, he has been a member of the Board of Trustees of the Media Union for Social Awareness Formation Foundations. Since 2020, he has been the Chairman of the Board of Trustees of the Pro Sopron University Foundation. In 2021, he became the Chairman of the Board of Trustees of the Hungarian University of Agriculture and Life Sciences (MATE) Foundation.
The Board of Directors, within its sole competence based on Article 9.4 of the Statues of OTP Bank Plc., decides on the modification of the governance structure of OTP Bank Plc. in a way that the position of the Chairman & Chief Executive Officer shall be separated as of 1 May 2025.
After the separation of the position of the Chairman & Chief Executive Officer, the position of Chairman of the Board of Directors will be fulfilled by Dr. Sándor Csányi, upon his valid mandate.
Péter Csányi
member of the BoD
Chief Executive OfficerPéter Csányi
member of the BoD
Chief Executive OfficerHe graduated from City University London in 2006 with a bachelor’s degree in economics, then in 2007 with a master’s degree in finance from the IE Business School in Madrid. In 2015, he received the Master of Business Administration (MBA) diploma from Kellogg School of Management in the USA.
He began his career in 2006 at Merrill Lynch’s London office as an intern and he was working part-time on corporate finance projects for financial institutions while attending university as well.
From 2007 to 2011, he was an analyst in Deutsche Bank's London office and then a financial advisor in the field of corporate finance (for Central and Eastern European corporate customers).
From 2011-2016, he worked for McKinsey & Company Inc. as a senior consultant mostly working on banking related projects.
He joined OTP Bank in 2016 as managing director of the Digital Sales and Development Directorate. After the agile transformation at the Bank, he became responsible for the management of the Omnichannel Tribe from 2019. In addition, since January 2021, he was the head of the Daily Banking Tribe.
Since March 2021, he has been the Deputy CEO of OTP Bank, the head of the IT Division (as of 1 May 2021 Digital Division) and the Member of the Management Committee. Since July 2023 he is the Chairman of the Executive Steering Committee.From 2020 he has been Chairman of the Supervisory Board of OTP banka d.d. in Croatia. He is also a member of the OTP Mobil Kft. Supervisory Board, the Board of Directors of PortfoLion Ltd., and the Supervisory Board of Fizz.hu (Ecosystem Ltd.). He is also the head of the Digitization Working Group of the Hungarian Banking Association and a member of the Mastercard European Advisory Board and the vice president responsible for digital transformation of IVSZ IT Association of Hungary.
He has been a member of OTP Bank's Board of Directors since 16 April 2021.
The Board of Directors, within its sole competence based on Article 9.4 of the Statues of OTP Bank Plc., decides on the modification of the governance structure of OTP Bank Plc. in a way that the position of the Chairman & Chief Executive Officer shall be separated as of 1 May 2025.
The Board of Directors has appointed Mr. Péter Csányi as Chief Executive Officer of OTP Bank Plc. for an indefinite period of time from 1 May 2025.
András Becsei
Deputy CEO
Retail DivisionAndrás Becsei
Deputy CEO
Retail DivisionIn 2001, he graduated with a master’s degree in Finance from the Budapest University of Economic Sciences and Public Administration. During his studies he was awarded a scholarship at the University of Southern California in Los Angeles. He went on to get a second master’s degree in International Management from the University of Cologne (2002) and an MBA from INSEAD (2005-2006).
His career started as a Mergers & Acquisitions analyst at MOL in 2000, before moving to Ruhrgas in Essen (2001-2002).
Between 2002-2009, he worked as a Consultant and a Project Manager at McKinsey & Company.
Since 2009, he has worked at OTP Bank in various roles including Managing Director of the Retail Subsidiary Management and Business Development Directorate (2009-2012), CEO of OTP Mortgage Bank and OTP Building Society (from 2014), Director of Retail Product Development (2012-2016), and Managing Director of Budapest Region (2017-2022).
Alongside his primary role at OTP, he has performed other duties as a member of the Supervisory Board of OTP Bank Ukraine - JSC OTP Bank (2010-2014) and as the Vice President of the Hungarian Banking Association since 2014. He temporary served as President for 9 months since July 2019.
Since the beginning of 2023, he has been appointed to Deputy CEO at OTP leading the Retail Banking Division.
László Bencsik
Chief Strategic and Financial Officer, Deputy CEO
Strategy and Finance DivisionLászló Bencsik
Chief Strategic and Financial Officer, Deputy CEO
Strategy and Finance DivisionIn 1996, he graduated from the Faculty of Business Administration at the Budapest University of Economic Sciences, and in 1999 he obtained a Master’s 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 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.
György Kiss-Haypál
Deputy CEO
Risk Management DivisionGyörgy Kiss-Haypál
Deputy CEO
Risk Management DivisionHe is a qualified economist. He graduated from the Budapest University of Economic Sciences in 1996.
He started his career as a project finance analyst for Budapest Bank Plc., and by 2007 he was appointed head of the bank’s risk management department.
Between 2002 and 2006 he worked in Ireland as corporate credit risk portfolio manager for GE Consumer Finance Europe, and in Austria as GE Money Bank’s consumer loans portfolio manager. Between 2008 and 2015 he was member of the Board of Directors of Budapest Bank.From 2015 he was deputy head of the Credit Approval and Risk Management Division of OTP Bank Plc., and then was appointed acting head of the Division.
Since 3 May 2017, he has been deputy CEO of OTP Bank Plc, the head of Credit Approval and Risk Management Division. As of 1 January 2024 Risk Management Division.
László Wolf
member of the BoD
Deputy CEO
Commercial Banking DivisionLászló Wolf
member of the BoD
Deputy CEO
Commercial Banking DivisionHe graduated from the Karl Marx University of Economic Sciences (now: Corvinus University) in 1983. After graduation, he worked at the Bank Relations Department of the National Bank of Hungary for 8 years, and then he was 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 the head of Commercial Banking Division as Deputy CEO of OTP Bank Plc.
Since 2003 he has been a member of DSK Bank’s Supervisory Board.
He has been a member of OTP Bank's Board of Directors since 15 April 2016.
Since 13 June 2023 he has been the Chairman of Supervisory Board of Ipoteka Bank
Non-executive members of the Board of Directors (BoD)
Tamás György Erdei
Deputy Chairman of the BoD
BSc Business AdministrationTamás György Erdei
Deputy Chairman of the BoD
BSc Business AdministrationHe graduated in 1978 with a degree from the College of Finance and Accounting. 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 in the area of bank supervision.
From 1983 he was employed by the Hungarian Foreign Trade Bank, 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 became CEO, and from 1997 until the end of March 2012 he was Chairman & CEO.
Between 1997 and 2008, and between 2009 and 2011, 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 the Chairman of OTP Bank's Risk Assumption and Risk Management Committee, and he was a member of the Nomination Committee between 2014 and 2020. He has been the Deputy Chairman of the Board of Directors of OTP Bank Plc. since April 2019 and the Chairman of the Work-out Committee since October 2019.
He has been Chairman of the Board of Directors at OTP Factoring Ltd. since December 2019.
Gabriella Balogh
Chemical engineer, MSc Economics, specialization in marketing
Gabriella Balogh
Chemical engineer, MSc Economics, specialization in marketing
She graduated as organizing chemical engineer from the University of Veszprém in 1993 and as marketing economist from the University of Economics Budapest in 1997.
She worked as a marketing associate between 1993 and 1998, as director of the Marketing Department from 1998 to 2005 and as managing director of the Marketing and Sales Directorate between 2005 and 2008 at OTP Bank Plc.
She has been the managing director of GoodStep Consulting Kft. since 2008. She fulfilled group management tasks as a member of the Board of Directors at the Central European Media and Publishing Company between 2010 and 2017.
She has been co-owner and Board of Directors member of Net Media Plc. since 2016. She is Presidium member and Chairwoman of the Marketing and Media Board of the Hungarian Football Federation. She is the Chairwoman of the Supervisory Board of Művészetek Palotája Ltd. Since 2023 she has been the Member of the Board of Directors of Richter Gedeon Plc.
She has been a member of OTP Bank's Board of Directors since 16 April 2021.
Mihály Baumstark
BSc Agricultural Business Administration,
MSc EconomicsMihály Baumstark
BSc Agricultural Business Administration,
MSc EconomicsHe 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 Karl Marx University of Economic Sciences (now: Corvinus University) (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. Then he was managing director of Hubertus Bt., and from 1999 to 2011 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. He was the member of the Nomination Committee between 2014 and 2020.
Dr. István Gresa
PhD Business Administration and Economics
Dr. István Gresa
PhD Business Administration and Economics
He graduated from the College of Finance and Accountancy in 1974 and received a degree in economics from the Karl Marx University of Economic Sciences (now: Corvinus University) in 1980. He earned a PhD from the University of Economic Sciences in 1983.
He has been working 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 was the managing director of the Bank’s West Transdanubian Region.
From 1 March 2006 until 14 April 2016 – when he retired – he was Deputy CEO of OTP Bank Plc., the Head of the Credit Approval and Risk Management Division. He was Chairman of the Board of Directors at OTP Factoring Ltd. between 2006 and 2017.He has been a member of OTP Bank’s Board of Directors since 27 April 2012.
Antal György Kovács
MSc Economics
Antal György Kovács
MSc Economics
He graduated from the Karl Marx University of Economic Sciences (now: Corvinus University) 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 executive director of OTP Bank’s South Transdanubian Region.
From 1 July 2007 to 31 December 2022 he was the head of Retail Division 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 2007 and April 2012 he was Chairman of the Supervisory Board of OTP banka Hrvatska d.d.
He was the Chairman of the Supervisory Board of OTP Bank Romania SA from 12 December 2012, until the sale of the Romanian subsidiary bank.
He has been Chairman of the Board of Directors of OTP Mortgage Bank Ltd. and OTP Building Society Ltd. since 24 April 2014.
He was a member of OTP Bank’s Supervisory Board from 2004 to 14 April 2016.Between 15 April 2016 and 27 April 2023 he was a member of OTP Bank’s Board of Directors, on 28 April 2023 the General Meeting of OTP Bank elected him as non-executive member of the Board of Directors.
György Nagy
Msc International Economics
György Nagy
Msc International Economics
He graduated from the Department of International Foreign Economics of University of International Relations (Moscow) in 1989.
He was a founding owner of Wallis Holding (founded in 1990) and he managed the Wallis Group as CEO until 2000.
He founded Westbay Holding Kft. in 2004, the company’s portfolio includes several successful investments.
He has been the Chairman of the Hungarian Shooting Federation since 2012, Presidium member of the European Shooting Confederation (ESC) since 2013 and he was elected the Vice President of ESC in 2021.He has been a member of OTP Bank's Board of Directors since 16 April 2021.
Dr. Márton Gellért Vági
General Secretary
Hungarian Football AssociationDr. Márton Gellért Vági
General Secretary
Hungarian Football AssociationHe graduated in 1987 from the department of foreign economics at the Karl Marx University of Economic Sciences (now: Corvinus University).
From 1987 to 2000 he was lecturer at University of Economic Science of Budapest (today Corvinus University of Budapest) and from 1994 onwards associate professor and head of department. He has a university doctorate and a PhD in economics. He has authored or co-authored more than 80 studies, essays and books.
Between 2000 and 2006 he worked at the State Holding and Privatisation Co. (ÁPV Zrt.) as managing director, Deputy CEO and then CEO.
Between 2006 and 2010 he was the Chairman of the National Development Agency.In various periods between 2000 and 2010, he was the Chairman of the Board of Directors of Magyar Villamos Művek, Paks Nuclear Power Plant and the National Textbook Publishing House. Between 2002 and 2010, he was a member of the Board of Directors of Földhitel és Jelzálogbank Nyrt., and the Chairman of the Board of Directors for 4 years.
Since 2010 he has been general secretary of the Hungarian Football Federation.
He was a member of UEFA’s HatTrick Financial Assistance Committee between 2011 and 2023. He has been a member of FIFA’s Financial Committee since 2017 and since 2023 he has been one of the Vice Presidents of the UEFA National Teams Competition Committee.He was a member of OTP Bank’s Supervisory Board between 2011-2021.He was a member of OTP Bank’s Audit Committee between 2014-2021.
He was a member of OTP Bank’s Nomination Committee between 2020-2021.He has been a member of OTP Bank's Board of Directors since 16 April 2021.
Dr. József Zoltán Vörös
Professor emeritus, academician
University of PécsDr. József Zoltán Vörös
Professor emeritus, academician
University of PécsHe earned a degree in economics from the Karl Marx University of Economic Sciences (now: Corvinus University) 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 a course in management for senior executives at Harvard University.
From 1994 he was a professor at JPTE, from 2021 he has been professor emeritus. He was the senior Vice Rector of the University from 2004-2007, between 2007 and 2011 he was the Chairman of the Economic Council of the University of Pécs.He has been a non-executive member of OTP Bank’s Board of Directors since 1992. He has been the Chairman of OTP Bank's Remuneration Committee since 2009, and member of its Risk Assumption and Risk Management Committee since 2014.