OTP Bank plc announced that the board of directors of the Bank decided on recalling Mr. Miroslav Stanimirov Vichev from the deputy CEO position with an effective date of November 9, 2015, due to his management concepts differing from the unified approach of the management board. Mr. Vichev was the deputy CEO of OTP Bank and the Head of the IT and Operations Division as of July 1, 2014 and performs his work starting from November 10, 2015 as Chief Advisor to the Chairman-CEO. Effective from November 10, 2015 the Chairman-CEO of the bank entrusts Mr. Ervin Bányai managing director, the vice manager of the IT and Operations Division and the person responsible for the Hungarian IT and Operations functions, for an indefinite period of time, not affecting his current duties.