Ferenc Horváth

Member of Management Board

Mr. Horváth was appointed member of INA Management Board as of February 1, 2021.
From 1984 to 1991, he was involved in the import of crude oil and natural gas and the export of petroleum products at the foreign trade company Mineralimpex. Between 1991 and 1998, he led the Hungarian joint venture of Mineralimpex and Phibro Energy, Allcom Trading Inc., which trades crude oil and petroleum products in Europe. He joined MOL in 1998 as Director of the newly established LPG business. Since 2001, as the Sales Director of MOL, he has been responsible for the sales of all products manufactured by MOL (petrol, diesel, chemical products, bitumen, LPG, lubricants, etc.). From 2002 to 2003, he was the Commercial Director of MOL, in addition to sales, its activities expanded to include the procurement of crude oil and raw materials for petroleum refining.
He was a member of the Board of Directors of petrochemical company TVK from 1 May 2011 to 15 April 2015 as well as the Executive Vice President of MOL Refining & Marketing Division since November 2003, while between 1 May, 2011 and 14 July, 2020 he has been the Executive Vice President of MOL Group Downstream. Furthermore, he has been Member of the Board of Directors of SLOVNAFT since 2003, Chairman of the Supervisory Board of MOL Petrochemicals since 2018, Chairman of the Board of Directors of IES Mantua since November, 2007 and Special Envoy to the MOL Group Chairman since 15 July, 2020.
Between 2012 and 2020 Mr. Horváth was a member of the Supervisory Board of INA.