Dr Csaba Kandrács has been Deputy Governor of the Magyar Nemzeti Bank (MNB) responsible for financial supervision and consumer protection since 2 October 2019. From June 2016 until his appointment as Deputy Governor, he was Executive Director of the MNB responsible for financial supervision and consumer protection. Between 2014 and 2016 he was President and CEO of the Hungarian Restructuring and Debt Management Company (MARK Zrt.). Previously, he was External Member of the MNB’s Monetary Council, Director of the Bank’s Banking Operations Directorate and Member of the MNB’s Supervisory Board. His previous position was Chairman of the Hungarian State Treasury. He also worked as Ministerial Commissioner and as Deputy State Secretary at the Ministry for National Economy. From 2009 until 2012 he was Head of the Finance Division of the 5th District Municipality of Budapest. From 2003 he worked as Executive at the National Office for Programme Licence of the Ministry of Finance Ministry.
Dr Kandrács completed his studies at the University for Public Administration (2003), the University of Pécs (Faculty of State and Law, 2007) and Szent István University (Faculty of Economics, 2014).