Three talented young Hungarian students receive the 2014 Andras Felkai Academic Award

September 30, 2014

Three talented university graduate professionals received the 2014 Andras Felkai Academic Award in an award ceremony in Budapest on August 25, 2014. The awards were handed over by Citi Hungary's Citi Country Officer Mr. Aftab Ahmed and Mrs. Pal Felkai, mother of late Andras Felkai.

Orsolya Földesi who holds a Bachelor degree in Accounting from the Corvinus University of Budapest, Zoltán Pataki holding a BA degree in Business Management from the Budapest University of Technology and Economics and Gergely Tóth, who graduated from the Budapest Business School will use the funds to sponsor their master studies in the field of economics and finance at overseas Universities. Since its foundation in 2002 and including this year's awardees, the Andras Felkai Academic Award went to 34 young professionals in support of their professional development and study trips.

Aftab Ahmed, Citi Country Officer for Hungary said, "This Award Program allows us to act as a catalyst in helping young professionals make progress in their career and to better position them to achieve their dreams. We encourage the awardees to invest in their

self-development as individuals, so that they become good citizens and strong contributors in their respective communities."

Gergely Tóth, one of this year's awardees said at the award ceremony, "I am honored to have received the Andras Felkai Academic Award, funds of which I will use to complete a one-semester master program this fall at the University of Mannheim in Germany. This will complement my ongoing master studies in Finance and Management & Leadership at the Corvinus University of Budapest. I am keen on enhancing my existing knowledge with leadership and decision making skills to be able to capture the thought process and business strategy behind the numbers."

he Andras Felkai Academic Award Fund was established in 2002 as a tribute to Andras Felkai, a highly trained professional and a prominent and respected member of the Hungarian financial sector, who passed away in a tragic accident. Citi Hungary, the family of Andras Felkai, several financial institutions and individual donors have also contributed to the fund, which is currently managed by the Andras Felkai Foundation.

The annual award, which is paid from the interest of the fund, supports the studies of talented students and young professionals selected by the Judging Committee from the applicants based on set evaluation criteria.