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December 4, 2020
BUSINESS BUSINESS COMPANIES ECONOMY FINANCE&BANKING

Zoltán Balázs, the new Deputy General Manager and coordinator of the Credit and Risk Management division within OTP Bank Romania

With more than 20 years of experience in the banking sector, Zoltán Balázs has recently been appointed Deputy General Manager and coordinator of the Credit and Risk Management Division within OTP Bank Romania.

In its new capacity as Deputy CEO, Zoltán will foster the OTP Bank’s operation, thus contributing to the bank’s strong and sustainable growth mission.

“Our focus is to provide stability in a difficult macroeconomic context, but also to continue the objectives assumed through the extensive transformation program, called Apollo. The new business vision and the new strategy based on organic development and growth for the next 4 years present opportunities, but also challenges. I am ready to take on this journey where I can offer my experience, and I have the support of a very strong team of professionals, within the Credit and Risk Management Division, in which I have great confidence”, said Zoltán Balázs.

Zoltán Balázs joined OTP Bank Romania at the beginning of this year, in the position of Management Consultant, and during this period the necessary procedures for the official approval of the National Bank of Romania were completed. Under its coordination, the Credit and Risk Management Division ensures financial stability and contributes to the prevention and control of risks.

He has a solid background in finance and banking and significant experience in various areas of banking, including corporate sales, risk management, workout and distressed portfolio management and expertise in financing and developing real estate projects. As an education background, Zoltán has an MBA Degree from Case Weser University specialized in Banking and Entrepreneurship. Prior to taking up his new position at OTP Bank, he held management roles in the banking industry, such as CEO of Erste Real Estate at Erste Bank Hungary or Executive Director of Risk at MKB Bank, and served as distressed asset advisor at BCR.

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