György Surányi
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György Surányi (born January 3, 1954) is Hungarian
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
the
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
and
chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
of
CIB Bank CIB Bank (or Central European International Bank Ltd.) is the second-biggest commercial bank in Hungary, after the 1 January 2008 merger with Inter-Európa Bank. This follows the 2007 merger of their respective Italian parent companies, Banca I ...
and former president of the
Hungarian National Bank The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). The Hungarian National Bank was established in 1924 and succeeded the Royal Hungarian St ...
.


Career

Surányi has been president of the Hungarian national Bank between 1990–1991 and again in 1995-2001. In his second tenure as central banker from 1995 he played a role in the restoration of balance to the
Hungarian economy The economy of Hungary is a high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index. Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) with a very hi ...
and getting
inflation In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reductio ...
under control. In the same period he co-authored the
Bokros package The Bokros package ( hu, Bokros-csomag; named after the then-Minister of Finance Lajos Bokros) was a series of austerity measures announced by the Cabinet of Prime Minister Gyula Horn in Hungary on 12 March 1995. Background Having lost the free ...
, a series of measures cutting both the budget and current account deficits.FACTBOX-Gyorgy Suranyi, frontrunner for Hungary PM
/ref> Surányi is also the regional head of
Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity s ...
a banking group of Italy. Under Surányi, the
Hungarian Forint The forint (sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabi ...
(HUF), became fully convertible for the first time. In March 2009 his name was mentioned as a possible replacement for outgoing
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
Ferenc Gyurcsány Ferenc Gyurcsány (; born 4 June 1961) is a Hungarian entrepreneur and politician who served as Prime Minister of Hungary from 2004 to 2009. Prior to that, he held the position of Minister of Youth Affairs and Sports between 2003 and 2004. He ...
. Hungarian political party
SZDSZ The Alliance of Free Democrats – Hungarian Liberal Party ( hu, Szabad Demokraták Szövetsége – a Magyar Liberális Párt, SZDSZ) was a liberal political party in Hungary. The SZDSZ was a member of the Alliance of Liberals and Democrat ...
announced that Surányi was acceptable to them as a candidate for Prime Minister. Party leader Gábor Fodor said, Surányi is the one who could restore trust, and govern the country free of party influences. Surányi was asked about his possible nomination and said that a new government will need clear support from all parliamentary parties "even if to a different degree". President of
Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia a ...
László Sólyom László Sólyom ( hu, Sólyom László, ; born 3 January 1942) is a Hungarian political figure, lawyer, and librarian who was President of Hungary from 2005 until 2010. Previously he was Chief Justice of the Constitutional Court of Hungary f ...
stated that instead of a short term transitional government ruling only until the 2010 elections, early elections should be held.Hungary's president favors early elections
Surányi himself remained noncommittal declining to say whether he would accept the position of PM if nominated. Hungarian political party
Fidesz Fidesz – Hungarian Civic Alliance (; hu, Fidesz – Magyar Polgári Szövetség) is a right-wing populist and national-conservative political party in Hungary, led by Viktor Orbán. It was formed in 1988 under the name of Alliance of Young ...
has said it will not support any new government including one led by Surányi. This not a personal problem, they support only a new, early parliamentary election. Surányi became the frontrunner candidate for the post of prime minister; however, on 26 March he pulled out of the race, saying he would not take the job. The
World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
titled him to
Global Leader of Tomorrow Forum of Young Global Leaders, or Young Global Leaders (YGL), was created by Klaus Schwab, founder of the World Economic Forum. The YGL, a non-profit organization managed from Geneva, Switzerland, is under the supervision of the Swiss government ...
, in 1993. In 1996, Euromoney named Surányi the central banker of the year in Central and Eastern Europe. Surányi reached the academic rank of full
professor Professor (commonly abbreviated as Prof.) is an Academy, academic rank at university, universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a "person who pr ...
in 1998. He lectured at the
Central European University Central European University (CEU) is a private research university accredited in Austria, Hungary, and the United States, with campuses in Vienna and Budapest. The university is known for its highly intensive programs in the social sciences and ...
.


Personal life

He is married. His wife is Dr Judit Marmoly. They have a daughter, Szilvia, and a son, Gábor.


See also

National Bank of Hungary The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). The Hungarian National Bank was established in 1924 and succeeded the Royal Hungarian St ...


References


External links


CV (Hungarian)
{{DEFAULTSORT:Suranyi, Gyorgy Hungarian economists Governors of the Hungarian National Bank Politicians from Budapest 1954 births Living people Corvinus University of Budapest alumni