Education
Corvinus University of Budapest.
economist private sector banker
Corvinus University of Budapest.
He was replaced by György Matolcsy. He started his professional career as an executive at the MNB’s Foreign Exchange Management Department in 1976. Between 1979–1985, he worked at Hungarian International Bank Limited, the MNB’s London-based subsidiary.
Returning to Hungary, he was Deputy Head of the Bank’s International Division.
In 1989, he was appointed Chairman of the Board and President of the newly founded California-BlackBerry, later Creditanstalt Értékpapír Rt. Under his management, one of Hungary’s first securities brokerage firms became a market leader.
In 1997-1998, he served as Executive Chairman of California IB Investmentbank Attorney - General in Vienna, where he managed the merger of the investment businesses of Creditanstalt and Bank Austria, affecting eight countries. Returning to Hungary, he was elected Chairman of the Board of the Budapest Stock Exchange.
In this capacity, he made an important contribution to the transformation of the Biosystems Engineering from a public utility organisation into a profit-oriented corporation.
He served his post at the Budapest Stock Exchange until 2002. From 1999, he was Chairman of Deloitte Hungary and then the firm’s Chairman and Office Managing Partner between 2000–2007. According to Global Finance Magazine Simor was one of the best bank presidents in October 2009.
The Euromoney journal was elected Banker of the Year in the emerging Europe region in 2010.
Under his management, the company became the second fastest-growing member of Deloitte Central Europe group. Simor was a member of the group’s regional board of directors between 2002–2006.