News Article career CEE GTC Hungary management
by Property Forum | Career

GTC Hungary and GTC S.A. have entered into a mutual employment contract termination agreement with Zoltán Fekete and János Gárdai. Both have also resigned from their seats on the Management Board of both entities. The resignation is effective as of 31 August 2023. Gyula Nagy and Zsolt Farkas were appointed Management Board members of GTC Hungary as well as the Management Board and Supervisory Board of GTC S.A., effective 31 August 2023.

Gyula Nagy, recently appointed as the CEO of Globe Trade Centre Group and Management Board Member of GTC Hungary, started his career as an auditor at Deloitte and led statutory and international group audits of real estate, financial services and tech Companies. Mr. Nagy gained experience in numerous mergers, acquisitions, IPOs and other due diligence engagements. He joined OTP Group in 2012 and was promoted as the Board Member and CFO of OTP Real Estate Ltd and other subsidiaries. His primary responsibilities at OTP included financial, accounting and taxation matters and participating in the committee assessing non-performing real estate-related loans of the bank. In 2018 he gained experience as an interim CFO for CTP Group, one of the largest Czech-based real estate developers in the CEE region. He was the Chief Financial Officer and later Deputy Chief Executive Officer and Member of the Board of Optima Investment Ltd between April 2019 and August 2023. Mr. Nagy was a member of member of Management Board of GTC S.A. (2020-2022) and later the Supervisory Borad of GTC S.A. (2022-2023).

Gyula Nagy graduated from the faculty of Finance and Accountancy of the Budapest Business School.

Zsolt Farkas, recently appointed as the COO of Globe Trade Centre Group and Management Board Member of GTC Hungary, brings with him more than two decades of experience in the field of construction and real estate development, with a primary focus on residential and commercial projects in Europe.

Mr. Farkas was the founder, CEO, and Chairman of the Management Board at Mundial AG, a highly esteemed real estate development firm based in Germany. With a series of successful endeavours already under his belt, he boasts an impressive track record of having developed over 1.0 million square meters of property. In addition to his responsibilities as CEO, Mr. Farkas currently serves as the managing director for more than 10 companies. Before establishing Mundial AG, he spearheaded numerous prosperous projects in Hungary, Austria, Italy, and Croatia, collaborating with renowned companies like Porsche, Spar, OMV, Kempinski, and Motel One.

Zsolt Farkas studied mechanical engineering at the Technical University of Vienna (Technische Universität Wien) Faculty of Mechanical Engineering.