Brief: Hungary OTP chief Csanyi says role of CEO and Chairman to be separated

OTP Bank Nyrt.

25/04/2025 09:52

April 25 (Reuters) - OTP Bank Nyrt OTPB.BU CEO-Chairman Sandor Csanyi tells shareholder meeting in a speech:

IT WAS A GOOD DECISION NOT TO LEAVE RUSSIA

WE HAVE PLANS TO RETURN TO ROMANIA ONE DAY

HUNGARIAN SPECIAL BANK TAXES ARE THE HIGHEST IN EUROPE

OTP'S STRATEGY OF ACQUISITIONS WILL CONTINUE

WE HOPE THAT ONCE THE WAR IS OVER WE CAN RETURN TO ALL BUSINESS AREAS IN RUSSIA

WE EXPECT BETTER RESULTS IN 2025 IN ALL COUNTRIES, OUR BUSINESS ENVIRONMENT WILL BE BETTER

THE RISK PROFILE IS EXPECTED TO BE SIMILAR TO 2024 THIS YEAR

NO NEED FOR FUNDAMENTAL CHANGE IN THE BANK'S STRATEGY, WE WILL CONTINUE AS BEFORE

SANDOR CSANYI SAYS I WILL REMAN CHAIRMAN OF THE BANK

PETER CSANYI TO BECOME CEO OF OTP AS OF MAY 1

ROLES OF CEO AND CHAIRMAN WILL BE SEPARATED, CSANYI SAYS

Source text: [ID:]

Further company coverage: OTPB.BU

 (Reporting by Anita Komuves and Krisztina  Than)

 ((Krisztina.Than@thomsonreuters.com;))