As of 15 June 2020, he has been appointed Chief Adviser to the Prime Minister on economic policy issues and to strengthen the operational coherence of the economic policy branches. Mr Márton Nagy had been Executive Director of Financial Stability and Lending Incentives of the Magyar Nemzeti Bank since March 2013, now he is the Vice-president. He is a member of the Financial Stability Board and the European Banking Authority. He earned his degree in economics at Corvinus University of Budapest in 1999. Between 1998 and 2000, Mr Nagy worked as an analyst at the Government Debt Management Agency. In the following two years he was chief economist of ING. He joined the MNB team in 2002. The main fields of his research are bank competition and efficiency, pricing of bank products, sustainable lending and the U.S. subprime mortgage crisis. His professional publications regularly analyse challenges to the financial system. His professional activity is mainly focussed on the easing of SME’s financing difficulties and the solution of households’ foreign currency problems.
