The Committee on Economics supported the appointment of Levente Sipos-Tompa as Deputy Governor of the National Bank of Hungary (MNB) by 11 votes in favour, one against and no abstentions. From October, he is set to head the deputy governorship responsible for supervision of financial organisations and consumer protection. In outlining supervisory priorities, Sipos-Tompa framed the MNB’s new management strategy around stability, independence and transparency, with a focus on price stability, financial stability and supporting economic growth. He identified maintaining trust and managing risks as core supervisory objectives, citing tools spanning licensing, inspections, sanctions and education, and highlighted suppression of digital banking fraud and management of risks linked to the transition towards sustainability as key areas of focus. His background includes roles at the Hungarian Development Bank (MFB), where he served as Chief Executive Officer and Chairman from April 2019 to December 2024, and membership of the European Investment Bank Board of Directors and ELTI’s management board.
National Bank of Hungary 2025-09-22
National Bank of Hungary deputy governor nominee Levente Sipos-Tompa wins committee backing to lead supervision and consumer protection
The Committee on Economics endorsed Levente Sipos-Tompa as Deputy Governor of the National Bank of Hungary, effective October, to oversee financial supervision and consumer protection. His strategy emphasizes stability, independence, and transparency, focusing on price and financial stability, economic growth, and managing risks, including digital banking fraud and sustainability transitions. Previously, he was CEO and Chairman of the Hungarian Development Bank and held positions with the European Investment Bank and ELTI.