Starting March 1st, 2016, Imre SZTANO, currently Chief Sales Officer (CSO) of NN Hungary, will be appointed CEO of the company, this change waiting for regulatory approval. He will succeed Cornelia COMAN, who was CEO of NN Hungary since 2012: "She will be moving on to a new role within NN Group", the company announced in a statement.

Imre SZTANO joined NN Hungary as CSO in 2013. In this role, his effective implementation of the company's strategy resulted in increased sales and in turn significant growth in new business. He also developed strong relationships with the Hungarian financial regulator - experience that will serve him well in his new position.

Before joining NN, Imre SZTANO worked in the banking sector for more than 15 years, filling numerous leadership positions at ERSTE Group, both in Budapest and in Vienna.

"We are confident that Imre's strong, strategic mind-set, leadership skills and wide-ranging experience position him well to lead NN Hungary", said Robin SPENCER, CEO NN International Insurance.

NN has market presence in Hungary since 1991 and offers life and pension insurance, as well as savings.