Béla Sulyok (21 November 1904 – 1 March 1977) was a Hungarian

economist An economist is a professional and practitioner in the 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 field there are ...

. He served as Governor 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 ...

during the

Communist regime A communist state, also known as a Marxist–Leninist state, is a one-party state that is administered and governed by a communist party guided by Marxism–Leninism. Marxism–Leninism was the state ideology of the Soviet Union, the Com ...

from 1 July 1960 to 31 October 1961. Sulyok became an official at the Hungarian General Savings Bank in 1923. He fought in the

Second World War World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...

. He joined the

Soviet Red Army The Workers' and Peasants' Red Army (Russian language, Russian: Рабо́че-крестья́нская Кра́сная армия),) often shortened to the Red Army, was the army and air force of the Russian Soviet Federative Socialist R ...

in 1944 and participated in "liberation" of Hungary. He later entered politics and took part in the foundation of Szikra Press, which became the most powerful propaganda tool of the Communist rule. He served as deputy head of the Economics Department of the

Hungarian Communist Party The Hungarian Communist Party ( hu, Magyar Kommunista Párt, abbr. MKP), known earlier as the Party of Communists in Hungary ( hu, Kommunisták Magyarországi Pártja, abbr. KMP), was a communist party in Hungary that existed during the interwar ...

(MKP) for a short time beginning in April 1945. Sulyok was one of the main perpetrators of the nationalization of banks in 1948. He functioned as Secretary of State for Finance until 1951. After 1961 he was appointed Deputy Minister of Finance. He had retired in 1968.

External links

Hungarian Biographical Lexicon
{{DEFAULTSORT:Sulyok, Bela 1904 births 1977 deaths Governors of the Hungarian National Bank Hungarian Communist Party politicians Members of the Hungarian Working People's Party Members of the Hungarian Socialist Workers' Party Politicians from Budapest 20th-century Hungarian economists

See also

External links