HUNGARY: Gergely Bacso to take over the position of Allianz Hungaria CEO and Chairman of the Board

30 October 2023 — Marina MAGNAVAL

As of January 1, 2024, Gergely Bacso will take over the position of Allianz Hungaria Zrt. CEO and Chairman of the Board from Alexander V. Protsenko, reports with reference to the insurance company's announcement.

Gergely started his career in the field of consulting when he joined McKinsey in 2006. He was the head of the McKinsey Insurance Practice in Hungary, also held senior positions in McKinsey's local digital and technology business at QuantumBlack and the FinTech & InsurTech Center of Excellence in Budapest.

Alexander V. Protsenko has held the position of CEO and Chairman of the Board of Allianz Hungaria since 2019. During his tenure, the company achieved visible success in all business areas and helped create a corporate culture based on innovation, mutual respect, and cooperation. Alexander will continue his career within the Allianz Group, the announcement of his new position is expected soon.

"We would like to express our thanks and gratitude to Alexander for his transformative leadership and commitment to Allianz Hungria Zrt., and we wish him further success in his future endeavors. We are also very happy to welcome Gergely to our company, we are sure that in the senior management of Allianz Hungaria Zrt. he will raise transformational thinking to the next level and further strengthen Allianz's position on the Hungarian market", said Petrosz Papanikolau, Central and Eastern European regional general manager.