Management Committee

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MR. JÓZSEF MOLNÁR

MOL Group position:

  • Group Chief Executive Officer since 1 May, 2011
  • Member of the Board of Directors since 12 October, 2007
  • Member of the Sustainable Development Committee since 5 September, 2013
  • Member of the Supervisory Board of INA d.d. since April, 2010
  • Member of the Supervisory Board of FGSZ Zrt. since May, 2011

From 1978 to 2001, Mr. Molnár held various management positions at BorsodChem Plc., including Head of the Pricing Department from 1982 to 1987 and Head of the Controlling Department from 1987 to 1991. Between 1991 and 2001, as Chief Financial Officer and first deputy to the Chief Executive Officer, he contributed to the crisis management and reorganisation of the company, and later to creating the Company's vision and fulfilling its subsequent privatisation. He played a key role in the stock exchange listing of BorsodChem shares. He was Chief Executive Officer of TVK between 2001 and 2003, Group Planning & Controlling Director from 2003, and from 2004 until his appointment as Group Chief Executive Officer in May 2011, he was Group Chief Financial Officer of MOL. Within MOL Group, he was a Board member of Slovnaft a. s. between 2004 and 2008, and Board member of TVK between 2001 and 2011.

MS. ZDRAVKA DEMETER BUBALO

MOL Group position:

  • Group Human Resources Senior Vice President since 2019

Zdravka Demeter Bubalo is HR Executive with more than 20 years of proven cross industry experience in Finance, FMCG and Oil & Gas sector working in multinational environment and for large organizations. With a strong background in Finance and direct business lines, she holds a proven track record of leading Human Resources in development and delivery of strategic impact to organizations by successful transformation of core business needs into implementable and measurable HR action plans.

Her core areas of expertise include: HR transformation, HR strategy development and implementation, organizational performance enhancement, talent acquisition through “outside-in” approach, extensive experience in restructuring in oil and gas. Zdravka Demeter Bubalo holds MA in organizational sciences from University of Zagreb (Croatia) and degree in Management Excellence from IMD (Switzerland), she is internal coach certified by CCE International Coach Federation and she also holds a brokerage license.

MR. SÁNDOR FASIMON

MOL Group position:

  • President of the Management Board of INA d.d. since 1st July, 2018
  • Member of the Board of Hungarian Hydrocarbon Stockpiling Association

From 1991 Mr. Fasimon held various management positions at the Mineralimpex Hungarian Foreign Trade Company for Oil & Mining Products. Between 1996 and 1997 Counsellor, he served as Head of the Tripoli (Libya) Hungarian Commercial Section. From 1998 to 2003 Mr. Fasimon worked for MOL as Supply Director in the field of crude oil and crude oil products and from 2002 he acted as Managing Director of Moltrade-Mineralimpex Co. Ltd. Between 2003 and 2006, he was the Managing Director of Natural Gas Division of MOL Plc. From 2006 until 2009, he acted as General Director of MOL-Russ LLc. Between 2009 and 2011, he worked as Senior Vice President of Supply & Trading Division and, from 1 June 2011, as Executive Vice President of Exploration and Production. Mr. Fasimon was MOL Hungary COO between 2012 and 2018.

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Dr. BERISLAV GAŠO

MOL Group position:

  • Upstream Executive Vice President

Dr. Gašo joined MOL Group in January 2010 when he became Executive Director for Corporate Services at INA. From September 2012 he served as Senior Vice President of Controlling, Accounting and Tax at MOL Group Finance. In May 2015, Dr. Gašo has been promoted to the role of E&P Chief Operating Officer of MOL Group Upstream. Since December 2016 he is the Executive Vice President of E&P and a member of MOL Group’s Executive Board. Before joining MOL Group he spent five years in the Petroleum Practice of McKinsey&Company where he left as a Junior Partner. Dr. Gašo holds degrees in mechanical engineering and business administration.

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MR. FERENC HORVÁTH

MOL Group position:

  • Executive Vice President of MOL Refining & Marketing Division since November 2003. From 1 May, 2011 Executive Vice President of MOL Downstream
  • Chairman of the Board of Directors of IES Mantua since November, 2007
  • Member of the Supervisory Board of MPK Zrt. since June, 2018
  • Member of the Board of Directors of SLOVNAFT since 2003
  • Member of the Supervisory Board of INA d.d. since 2012

From 1984 until 1991, he worked for Mineralimpex, the Hungarian Foreign Trade Company for Oil & Mining Products, in the fields of crude oil and natural gas imports, and crude oil product exports. Between 1991 and 1997, he was Managing Director of Allcom Trading Co., the Hungarian Mineralimpex-Phibro Energy joint-venture, dealing with the European trading of crude oil and crude oil products. He joined MOL Plc. in 1998 as Director of LPG Business Unit, and worked from January 2001 onwards as Sales Director, being responsible for the sales of MOL’s entire product range (petrol, diesel, petroleum products, bitumen, LPG, lubricants, and so on). Between 2002 and 2003, he was Commercial Director and his activities have broadened with the purchase of crude oil and raw materials necessary for the refining of crude oil. He was member of the Board of Directors of TVK Plc. between 1 May, 2011 and 15 April, 2015.

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MR. PÉTER RATATICS

MOL Group position:

  • MOL Hungary COO since 1 July, 2018
  • Consumer Services Executive Vice President since 1 Dec, 2016
  • Vice-Chairman of the Supervisory Board of FGSZ (Natural Gas Transmission) since 2012

Péter Ratatics currently holds a position of EVP of Consumer Services of MOL Hungarian Oil and Gas Plc and COO of MOL Hungary. He graduated from Corvinus University of Budapest, Faculty of Finance specialization in capital markets. In 2007 Mr. Ratatics started his career as Gas Trading and Business Development expert in MOL Plc, then in 2009 he was appointed Head of Executive Board Advisory team. Between 2009 and 2010 he also acted as Head of Organizational Development and Process Management and in 2010-2011 as Head of Management Services. From 2011 he worked as VP of Corporate Centre and he was responsible for the HR domain.

In 2015 and 2016 he was responsible for the MOL Group procurement, investment and communication activities as SVP of Corporate Centre (Group Corporate Human Resources, Group Corporate Services and Group Corporate Communication). He was a member of the INA Management Board between 2011 and 2018. He was appointed Vice-Chairman of the Supervisory Board of FGSZ (Natural Gas Transmission) in 2012, IES in 2013, CEO of MOL Fleet Holding Kft. in 2017, CEO of MOL Ingatlankezelő Kft. and CEO of MOL Ingatlan Holding Kft. in 2018.

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MR. JÓZSEF SIMOLA

MOL Group position:

  • Group Chief Financial Officer since 1 May, 2011
  • Member of the Audit Committee and the Supervisory Board of INA d.d.

From 1991 to 1992 he was employed as an SAP expert at General Electric – Tungsram. He subsequently joined Arthur Andersen as an auditor and consultant. In 1996, he continued his career at Boston Consulting Group, where he held various managerial positions in Hungary, Germany and Australia. Mr. Simola joined MOL Plc. in 2003 and has been a member of the Executive Board since April 2006. He was also appointed as Corporate Centre Executive Vice President of MOL Plc. between 2006 and 2011.

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MR. GABRIEL SZABÓ

MOL Group position:

  • Chief Executive Officer of SLOVNAFT a.s. since 1st December, 2016
  • Group Logistics SVP since 1st February, 2019

Gabriel Szabó graduated from the Faculty of Economy & Business in Košice at the Bratislava University of Economics in 1999. He joined SLOVNAFT, a.s. in 2001, working as an economist in Resource Allocation. In 2002, he became the Director – Finance & Accounting at Slovnaft’s subsidiary SLOVNAFT MONTÁŽE A OPRAVY, a.s. In 2006, he became Slovnaft’s Corporate Services Manager. In 2009, Gabriel Szabó worked for INA in Croatia as Director of Procurement Services and since January 2010 he was Vice President of MOL Group’s Corporate Services in Budapest.

Since July 2012, he has been the Vice President of Downstream at SLOVNAFT, a.s., being responsible for the following units: Production, Logistics, Trading, Downstream Sales, Asset Supply & Optimization, Securing Supply & Market Optimization, Securing Supply & Petrochemicals Optimization, Retail, Energy & Heat Production, Optimization of Processes and Project Management. On 1st of December 2016, Gabriel Szabó was appointed Chief Executive Officer of SLOVNAFT, a.s., while acting as Slovnaft Downstream Senior Vice President. On 1st February 2019, he became Group Logistics Senior Vice President.