[2] He started his professional career as an executive at the MNB’s Foreign Exchange Management Department in 1976.

In 1989, he was appointed Chairman of the Board and President of the newly founded CA-BB, later Creditanstalt Értékpapír Rt.

In 1997–98, he served as Executive Chairman of CAIB Investmentbank A.G. in Vienna, where he managed the merger of the investment businesses of Creditanstalt and Bank Austria, affecting eight countries.

[4] Returning to Hungary, he served as Chairman of the Board of the Budapest Stock Exchange from 1998 to 2002.

In this capacity, he made an important contribution to the transformation of the BSE from a public utility organisation into a profit-oriented corporation.