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23 Jan 2020

Citi Hungary Appointed Balázs Toldi as the Head of its Commercial Banking Business

Citi Hungary appointed Balázs Toldi as the Head of its Commercial Banking Business (CCB) effective January 16, 2020.

The Citi Commercial Banking Business in Hungary predominantly serves the upper tier of the SME network and digital initiatives, focusing on a variety of growth industries. Balázs Toldi is responsible for developing, implementing and executing the business strategy to support our organic growth targets in Hungary.

Toldi earned his dual global executive MBA degree from the University of Minnesota and Vienna University of Economics. He has 20 years of experience in banking and financial services and he returned to Citi after 12 years.

His previous experience includes commercial leasing and sales force management. Most recently, he was head of the commercial banking at a large financial institution in Hungary.

On Balázs’ appointment Kevin A. Murray, Citi CEO for Central Europe and Country Head for Hungary said, “I am very glad that Balázs has rejoined our team as a colleague, who has comprehensive knowledge in commercial banking for Citi Hungary. We are pleased that with his contribution we can continue to grow our core client relationships and to help clients grow in Hungary while supporting their expansion efforts regionally and globally. We wish him all the best at this stage of his career”.

About Citi Hungary

With a 35-year history of presence, ingenuity and leadership in Hungary, today, Citi Hungary operates as a unique global bank providing a wide range of world-class products and services to large local corporations, SMEs, multinational clients, financial institutions and the public sector. Together with our Citi Solution Center Budapest, which was established in 2005 and provides services in various areas of Technology, Operations, Finance, and Risk & Control for Citi-entities worldwide, more than 2,200 employees working at Citi Hungary. Additional information on www.citibank.hu

About Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

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Beata Smid Head of Corporate Communications | Email sajto@citi.com