Key professional milestones
Business activity
Before becoming involved with MBaer Merchant Bank, Pál was the founder and managing partner of Taragon Capital AG. His business provided asset management and private office services for international clients for ten years.
Private banking
Before that, Pál spent many years acquiring and using his extensive skills in private banking and management at a number of private banks. He held management roles at the following financial institutions:
- Bank Austria (Switzerland) AG, as deputy CEO
- IHAG AG private bank, as CEO
- Julius Baer & Co., as a member of the Private Banking Executive Board
Banking qualifications – broad and international
After graduating in 1983, Pál began his banking career at the major US bank, Chemical Bank New York, where he gained wide-ranging experience in commercial and correspondent banking in New York and Zurich. He then further developed his expertise in financial analysis and brokerage with LGT Bank in Liechtenstein, working in Frankfurt and Zurich.
Pál also spent valuable time at BZ Bank Zurich AG.
Directorships and Foundation Board mandates
The network that Pál has built up over many years has resulted in a number of directorships and Foundation Board mandates.
Qualifications
- Graduated in Economics from HSG (specializing in banking)
- Various additional training courses in leadership and management
Pál speaks fluent German, English, French and Hungarian.