The Board of Directors of EFDI, the European Forum of Deposit Insurers and Investor Compensation Schemes, has appointed András Fekete-Győr as Secretary General with effect from April 2018. He has led Hungary’s National Deposit Insurance Fund for eight years since 2010.
András Fekete-Győr is first Secretary General of EFDI
The purpose of EFDI, a financial stability player, is to boost cross-national as well as pan-European discussions and exchanges of professional experiences.
"With appointing as the first Secretary General of EFDI András Fekete-Győr, who has more than 35 years of experience in the Hungarian and international financial industry, the association clearly states goals for enhancing its international role and promoting deeper cooperation among its members and related European bodies," the EFDI said in a statement on Monday.
Fekete-Győr became the Deputy Managing Director of the National Deposit Insurance Fund of Hungary (NDIF) in 1993 and established the first deposit insurance system in Central Europe. In addition, regarding the international professional memberships, he was an elected member of the Executive Council of the International Association of Deposit Insurers (IADI) in four terms of 3 years each, between 2003 and 2018 and has been serving as member and Vice Chair of the EU Management Executive of EFDI (2017 - 2018).
EFDI is an enlarged European forum for cooperation among deposit guarantee schemes and investor compensation schemes and with other parties (supervision or resolution authorities, European and international institutions).
NDIF appoints new Managing Director
As of 1 January 2018, András Kómár is the Managing Director of the National Deposit Insurance Fund of Hungary (NDIF).
Kómár gained MA in Law at Faculty of Law and Political Sciences of the Pázmány Péter Catholic University in 2004. In 2008 he received his BA in Economics from the Corvinus University of Budapest and became certified public accountant in 2011.
The new head of the NDIF started his professional career at the Financial Services Department at the Ministry of Finance in 2004. Between 2007 and 2013 he worked for the Hungarian Financial Supervisory Authority, mainly in the fields dealing with money and capital markets. In 2013, he became employee of the Central Bank of Hungary, where he also dealt with the issues of the National Deposit Insurance Fund, the Resolution Fund of Hungary, the Investor Protection Fund as well as the Settlement Fund and from 2016 he headed the Department of Resolution Planning and Reorganization.
András Kómár has been a member of the Board of Directors of NDIF since the beginning of 2017. He participated in the work of several working groups and committees of the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA), representing the Central Bank of Hungary.
He is currently a lecturer at the Faculty of Law and Political Sciences at Pázmány Péter Catholic University, as well as a PhD student at the Doctoral School of Pázmány Péter Catholic University. His field of research is the prevention and management of crisis situations of financial institutions.