Europe’s Longest-Serving Bank CEO Taps Son After 33 Years (2)

Sandor Csanyi, who has been running Hungary’s largest lender pretty much since the end of the Cold War, has made sure it remains in the family.

The chairman and chief executive officer of OTP Bank announced at the annual general meeting on Friday that he’s finally ceding the CEO role he’s held since 1992 — to his son Peter.

His 33-year term makes the elder Csanyi the longest-serving CEO among publicly listed European banks with more than €100 billion ($114 billion) in assets, a Bloomberg News analysis showed.

“I’m not building a dynasty,” he said at a press briefing ...