Russian OTP Bank appoints ex chairman of Ukrainian subsidiary to head board
MOSCOW. Aug 22 (Interfax) - The board of directors of Russian OTP Bank on Thursday elected Istvan Hamezc as its chairman.
Hamezc had previously been chairman of the supervisory board of OTP Bank in Ukraine.
Bank shareholders elected the new board of directors on Wednesday, increasing the number of seats to 12 from 11. All the incumbents were reelected; Hamezc was elected to the additional seat.
Hamezc was a member of the board of Russian OTP Bank from 2008 until 2012, and board chairman from April 2010. He left the board in April 2012 to become chairman of the Ukrainian bank's supervisory board.
Hamezc has worked at OTP Group, which includes OTP Bank in Russia and Ukraine, since 2007. Before that he was director of economic and monetary policy at the Central Bank of Hungary.
OTP Bank was the 40th biggest Russian bank by assets as of the end of the first half of 2013 according to the Interfax-100 ranking compiled by the Center for Economic Analysis.
