Zsigmond Járai
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Zsigmond Járai
Zsigmond Járai (born 29 December 1951) is a Hungarian politician, who served as Minister of Finance between 1998 and 2000. He was the President of the Budapest Stock Exchange between 1996 and 1998. After his ministership he was appointed Governor of the Hungarian National Bank. Járai was succeeded by András Simor in 2007. Career Járai was chairman of the supervisory board of CIG Pannónia Eletbiztosító Nyrt until he resigned from the position in 2013. He has also been chairman of the supervisory board of the Hungarian National Bank since 2010. In March 2022 Járai was elected as a member of the supervisory board of the MKB Bank. Interviews * Zsigmond JáraiWe need to improve competitiveness* Zsigmond Járai* Wall Street Journal Honours * Honorary Knight Grand Cross of the Most Excellent Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding valuable service in a wide range of useful activities. It c ...
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Minister Of Finance Of Hungary
The minister of finance () is a member of the Government of Hungary, Hungarian cabinet and the head of the Ministry of Finance (Hungary), Ministry of Finance. The current minister is Mihály Varga. The position was called People's Commissar of Finance () during the Hungarian Soviet Republic in 1919, and Minister of National Economy () between 2010 and 2018. Ministers of finance (1848–1919) Kingdom of Hungary (1526–1867), Hungarian Kingdom (1848–1849) Parties Hungarian State (1849) Parties ''After the collapse of the Hungarian Revolution of 1848, the Hungarian Kingdom became an integral part of the Austrian Empire until 1867, when dual Austria-Hungary, Austro-Hungarian Monarchy was created''. Kingdom of Hungary (1867–1918), Hungarian Kingdom (1867–1918) Parties Hungarian Democratic Republic, Hungarian People's Republic (1918–1919) Parties People's commissars of finance (1919) Hungarian Soviet Republic (1919) Parties White Terror (Hungary), Co ...
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CIG Pannonia
CIG Pannonia Life Insurance Plc. is a Hungarian multinational financial services company headquartered in Budapest. Its core business and focus is life and non-life insurance. At present, CIG Pannonia is engaged in the life insurance business in Hungary, Romania and Slovakia. History Foundation On 26 October 2007, the company was founded by well-known and acknowledged public figures and insurance experts from Hungary; its original name was CIG Central European Insurance Company. CIG was supported by the U.S. Inverstment bank Lehman Brothers. It also had a successful partnership with Brokernet, one of Hungary's largest financial agencies. In 2008, the company became market leader in niche markets like regular-premium, unit-linked life insurance products and closed the year with a turnover of US$13 million. In 2009, CIG held a 3% market share in domestic life insurance and generated over US$40 million in sales. On 1 January 2010, the company changed its name to CIG Pannonia Li ...
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Finance Ministers Of Hungary
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ...
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People From Hajdú-Bihar County
The term "the people" refers to the public or common mass of people of a polity. As such it is a concept of human rights law, international law as well as constitutional law, particularly used for claims of popular sovereignty. In contrast, a people is any plurality of persons considered as a whole. Used in politics and law, the term "a people" refers to the collective or community of an ethnic group or nation. Concepts Legal Chapter One, Article One of the Charter of the United Nations states that "peoples" have the right to self-determination. Though the mere status as peoples and the right to self-determination, as for example in the case of Indigenous peoples (''peoples'', as in all groups of indigenous people, not merely all indigenous persons as in ''indigenous people''), does not automatically provide for independent sovereignty and therefore secession. Indeed, judge Ivor Jennings identified the inherent problems in the right of "peoples" to self-determination, as i ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1951 Births
Events January * January 4 – Korean War: Third Battle of Seoul – Chinese and North Korean forces capture Seoul for the second time (having lost the Second Battle of Seoul in September 1950). * January 9 – The Government of the United Kingdom announces abandonment of the Tanganyika groundnut scheme for the cultivation of peanuts in the Tanganyika Territory, with the writing off of £36.5M debt. * January 11 – In the U.S., a top secret report is delivered to U.S. President Truman by his National Security Resources Board, urging Truman to expand the Korean War by launching "a global offensive against communism" with sustained bombing of Red China and diplomatic moves to establish "moral justification" for a U.S. nuclear attack on the Soviet Union. The report will not not be declassified until 1978. * January 15 – In a criminal court in West Germany, Ilse Koch, The "Witch of Buchenwald", wife of the commandant of the Buchenwald concentration camp, is sentenced to li ...
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György Surányi
György Surányi (born January 3, 1954) is a Hungarian economist the CEO and chairman of CIB Bank and former president of the Hungarian National Bank. Career Surányi has been president of the Hungarian national Bank between 1990–1991 and again in 1995-2001. In his second tenure as central banker from 1995 he played a role in the restoration of balance to the Hungarian economy and getting inflation under control. In the same period he co-authored the Bokros package, a series of measures cutting both the budget and current account deficits. Surányi is also the regional head of Intesa Sanpaolo a banking group of Italy. Under Surányi, the Hungarian Forint (HUF), became fully convertible for the first time. In March 2009 his name was mentioned as a possible replacement for outgoing Prime Minister Ferenc Gyurcsány. Hungarian political party SZDSZ announced that Surányi was acceptable to them as a candidate for Prime Minister. Party leader Gábor Fodor said, Surányi is the o ...
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Order Of The British Empire
The Most Excellent Order of the British Empire is a British order of chivalry, rewarding valuable service in a wide range of useful activities. It comprises five classes of awards across both civil and military divisions, the most senior two of which make the recipient either a Orders, decorations, and medals of the United Kingdom#Modern honours, knight if male or a dame (title), dame if female. There is also the related British Empire Medal, whose recipients are affiliated with the order, but are not members of it. The order was established on 4 June 1917 by King George V, who created the order to recognise 'such persons, male or female, as may have rendered or shall hereafter render important services to Our Empire'. Equal recognition was to be given for services rendered in the UK and overseas. Today, the majority of recipients are UK citizens, though a number of Commonwealth realms outside the UK continue to make appointments to the order. Honorary awards may be made to cit ...
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MKB Bank
MKB Bank, initially Magyar Külkereskedelmi Bank (), was a Hungarian state-owned bank founded in 1950. It was privatized in the mid-1990s, then renationalized in the 2010s. It eventually merged in the early 2020s with Budapest Bank and Takarékbank to form Magyar Bank Holding, branded MBH Bank, thus creating the second-largest commercial bank in Hungary behind OTP Bank. The complex three-way merger was announced in 2020 and completed in 2023. History MKB was created in 1950 within the communist-era single-tier banking system, in which it was one of the country's four main financial institutions alongside the Hungarian National Bank, the Hungarian Investment Bank (renamed the State Bank for Development in 1972 and liquidated in 1987), and the Hungarian National Savings Bank Company. It took over assets and operations, among others, from the former Hungarian Commercial Bank of Pest. The purpose of its establishment was to participate in the international monetary system and ...
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András Simor
András Simor (born 17 May 1954) is a Hungarian economist, who served as governor of the Hungarian National Bank (MNB) from 2007 to 2013. He was replaced by György Matolcsy. Career He holds a degree in International Finances from the Budapest University of Economics. He started his professional career as an executive at the MNB’s Foreign Exchange Management Department in 1976. Between 1979–1985, he worked at Hungarian International Bank Ltd, the MNB’s London-based subsidiary. Returning to Hungary, he was Deputy Head of the Bank’s International Division. In 1989, he was appointed Chairman of the Board and President of the newly founded CA-BB, later Creditanstalt Értékpapír Rt. Under his management, one of Hungary’s first securities brokerage firms became a market leader. In 1997–98, he served as Executive Chairman of CAIB Investmentbank A.G. in Vienna, where he managed the merger of the investment businesses of Creditanstalt and Bank Austria, affecting eight co ...
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Péter Medgyessy
Péter Medgyessy (; born 19 October 1942) is a retired Hungarian politician who served as Prime Minister of Hungary from 27 May 2002 to 29 September 2004. On 25 August 2004, he resigned over disputes with coalition partner Alliance of Free Democrats, but remained as acting prime minister for a 30-day period as required by the Constitution, and a few additional days until his successor Ferenc Gyurcsány was confirmed by the National Assembly. Family and studies Medgyessy was born into an old Transylvanian noble family in Budapest on 19 October 1942. An ancestor of the family, Miklós Medgyessy de Medgyes, worked as a penman for Prince Gabriel Bethlen in the 17th century. Medgyessy's father, Béla Medgyessy, was a recorder in the General Assembly of Cluj until the Second Vienna Award, when Hungary reassigned the territory of Northern Transylvania from the Kingdom of Romania. The family moved to Budapest, where Béla worked for the Ministry of Domestic Trade. Medgyessy's mother Iboly ...
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