György Surányi
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György Surányi (born January 3, 1954) is a 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 chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...
and
chairman The chair, also chairman, chairwoman, or chairperson, 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 gro ...
of CIB Bank and former president of the
Hungarian National Bank The Hungarian National Bank ( , MNB) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance ...
.


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 and getting
inflation In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of curre ...
under control. In the same period he co-authored the
Bokros package The Bokros package (; named after the then-Minister of Finance of Hungary, Minister of Finance Lajos Bokros) was a series of austerity measures announced by the Cabinet of Prime Minister of Hungary, Prime Minister Gyula Horn in Hungary on 12 March 1 ...
, 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 Società per azioni, 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 ...
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 s ...
(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 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. A prime minister is not the head of state, but r ...
Ferenc Gyurcsány Ferenc Gyurcsány (; born 4 June 1961) is a Hungarian entrepreneur and retired politician who served as Prime Minister of Hungary from 2004 to 2009. Prior to that, he held the position of Government of Hungary, Minister of Youth Affairs and Sp ...
. Hungarian political party
SZDSZ The Alliance of Free Democrats – Hungarian Liberal Party (, , SZDSZ ) was a liberal political party in Hungary. The SZDSZ was a member of the Alliance of Liberals and Democrats for Europe Party and of Liberal International. It drew its su ...
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 is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, 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 and ...
László Sólyom László Sólyom (, ; 3 January 1942 – 8 October 2023) was a Hungarian politician, lawyer, and librarian who was President of Hungary from 2005 until 2010. Previously he was the first president of the Constitutional Court of Hungary from 199 ...
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 (; ) is a national-conservative political party in Hungary led by Viktor Orbán. It has increasingly identified as illiberal. Originally formed in 1988 under the name of Alliance of Young Democrats () as ...
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 organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
titled him to Global Leader of Tomorrow, 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 tertiary education, post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin ...
in 1998. He lectured at the
Central European University Central European University (CEU; , ) is a private research university in Vienna. The university offers graduate and undergraduate programs in the social sciences and humanities, which are accredited in Austria and the United States. The univ ...
.


Personal life

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


See also

*
Alexandre Lamfalussy Alexandre, Baron Lamfalussy (; 26 April 1929 – 9 May 2015) was a Hungarian-born Belgian economist who served as President of the European Monetary Institute (EMI) from 1994 to 1997, which was the forerunner to the European Central Bank (ECB ...
*
National Bank of Hungary The Hungarian National Bank ( , MNB) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance p ...


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