Managing Board, CIG Pannónia Life Insurance Plc.

Dr. István Fedák, member of the Managing Board, CEO

Dr. István Fedák earned his MBA in foreign economics from the Budapest University of Economics in 1998, and his law degree from the Faculty of Law and Political Sciences of Pázmány Péter Catholic University in 2002. He is a Certified Public Accountant.

He started his career at Creditanstalt Rt as a risk manager, then worked as a business development manager and then as a risk management manager at Magyar Factor Rt. After graduating in law, he worked at the Fedák Law Firm and then at the MFB Development Bank. Between 2008 and 2015, he held various finance and management positions in OT INDUSTRIES Group companies. He was then managing director of Eurobond Kft. for one year. Since 2016, he has been the Chief Financial Officer and Chief Legal Officer of Keszthelyi Holding Zrt., and since 2017 he has been the Managing Director of Agenta-Consulting Kft. Between 2018 and 2019, he was the Managing Director of Insurance Média Kft. He has advanced English and German language proficiency. He is the member of the Hungarian Economic Association.

Competences:

- issuance and financial markets

    - business strategy and business model

    - management system

    - financial analysis regulatory framework and requirements

From 1 Spetember 2020, he will be the Deputy CEO, and from 1 October he will be the CEO and the number one manager of the life insurance company.

 

Dr. Gábor Dakó, member of the Managing Board, Deputy CEO

Dr. Gábor Miklós Dakó earned his degree in 1998 from the Faculty of Law and Political Sciences at Janus Pannonius University, and subsequently broadened his knowledge through broker training and corporate legal specialist training. He holds a legal professional exam qualification.

He began his professional career in 1998 at the State Money and Capital Market Supervision, then worked in a law firm specializing in capital market transactions, and later held positions as legal counsel, deputy head of department, head of department, and director at the State Financial Supervisory Authority/Hungarian National Bank in the areas of capital market, licensing, and market supervision.

Since 2018, he has been a lawyer specializing in the capital market at Kertész and Partners Law Office, and since 2019, he has been the deputy CEO responsible for corporate governance at OPUS GLOBAL Plc. From 2021, he has been the deputy CEO of CIG Pannónia Life Insurance Plc. and CIG Pannónia First Hungarian General Insurance Ltd., and since 2022, a member of the boards of these companies.

He is a co-author of the work titled "Comprehensive Commentary on the Act on Investment Firms" and is associated with numerous capital market-themed papers, as well as participation in teaching and professional committee activities related to the capital market and issuers.

He is proficient in English.

Key competencies:

• money and capital markets, IR
• business and investor strategy and business model
• establishment and operation of management systems
• regulatory framework and requirements, compliance

 

János Tima, Chairman of the Supervisory Board

János Tima worked in the financial field from 2005 to 2017 at Provident Zrt., Budapest Bank Zrt. and FHB Kereskedelmi Bank Zrt., where he was director of branch operations and CFO. Between 2013 and 2017 he was the CFO of Mészáros és Mészáros Kft. He is current a member of the Supervisory Board of T-Ingatlanfejlesztő 2016 Kft., Agrosystem Zrt., Magyar Sportmárka Zrt., Veszprém Handball Zrt., RÉZ-HEGY Településfejlesztő Kft., MÁTRA ENERGY Holding Zrt., 4IG Nyrt. and Keszthelyi Holding Zrt., and Chairman of the Supervisory Board and Audit Committee of KONZUM Nyrt. and OPUS Globál Nyrt. At the same time, he is the Managing Director of K-Investment Partner Kft., ECHO Penisola Kft., B+T Management Kft. and Wellnesshotel Építő Kft., and member of the Board of Directors of Wamsler SE and Appeninn Vagyonkezelő Nyrt. Since April 2018, he has been a member of the Board of Directors and CEO of Talentis Consulting Zrt. He is a Certified Public Accountant.

Erika Vada is an economist, a certified auditor with a sustainability qualification, and a tax advisor. Her auditing certifications cover the areas of public finance, IFRS, issuers, financial institutions, and investment enterprises. She began her professional career as an economist at Taurus Company and later worked as a senior associate at the Hungarian Tax Authority (APEH). She has held leadership positions such as group leader, head of department, and managing director at the Ministry of Finance, the Compensation Office, and the State Privatization and Holding Company (ÁPV Rt.). Erika is the majority owner and managing director of PRIM-AUDIT Kft. Throughout her career, she has served as a supervisory board member of several large corporations, including Kisalföld Volán Rt., Volánbusz Rt., and Bábolna Rt.  Since 2015, she has been a member of the National Presidency of the Hungarian Chamber of Auditors and previously served as the president of its Budapest branch for five years. She has published several articles on taxation and accounting. She is proficient in English.

Ildikó Ginzer, member of the Supervisory Board

She graduated from the Faculty of Business Administration at Corvinus University of Budapest with a degree in Management, earning a certified economist and a certified economist teacher qualification with honors. She expanded his professional knowledge abroad in France, focusing on strategic management, corporate finance, and business valuation, and later completed the International Executive Program at the SEED School for Education and Executive Development.

She began his professional career in 2004 at Raiffeisen Bank, where she held various managerial positions. In 2016, he successfully applied for the Deputy CEO of Risk Management position at MKB Bank Plc., where she was responsible for managing the Bank's risk management and recovery areas. She directly oversaw the development of the Bank Group's risk strategy, the operation of rating and limit systems, and the management and reduction of the bank's corporate and retail non-performing loan portfolios.

In 2019, she was appointed Deputy CEO of Business at MKB Bank, coordinating all of the bank's business areas (retail, corporate, SME, private banking) and the Money and Capital Markets areas.

She is currently serving as Deputy CEO for Standard Affairs at MBH Bank and where she leads the retail, micro, and small business areas at the holding level.

She is fluent in English and has basic knowledge of German and French.

Competencies:

• Business strategy and business model
• Establishment and operation of management systems
• Financial analysis
• Regulatory framework and requirements

János Tima, Chairman of the Supervisory Board

Erika Vada, member of the Supervisory Board

Ildikó Ginzer, member of the Supervisory Board