Xpat Interview: Zoltán Markó, MD of Jaguar, Land Rover

  • 11 Apr 2012 12:00 PM
Xpat Interview: Zoltán Markó, MD of Jaguar, Land Rover
Zoltán is an economist having started his career at Budapest Bank, where he gained extensive experience in lending both on the retail and corporate banking sides. In 1994, he joined GMAC (Opel Leasing) where he was responsible for mitigating dealer credit risk. In 1997, he became CEO of GMAC in the Czech Republic and Slovakia, a company providing retail and corporate financial services to Opel, Fiat and Daewoo (later Chevrolet) dealers.



After spending five years in Prague leading GMAC, he moved back to Budapest and lead the regional expansion of Opel Bank in Croatia and Slovenia. In 2003 he created MediCredit the first and so far only financial undertaking in Hungary exclusively specialised in offering retail financing solutions for obtaining private medical services. After the success of the business model he invented in MediCredit, he continued to seek new challenges and became Country Manager of AAA Auto in Hungary in 2006 supervising the introduction and expansion of the company in the country.

Among his achievements as Country Manager of AAA Auto, he made great use of his profound business knowledge when directing and managing the IPO of the shares of AAA Auto in Hungary, as a result of which AAA Auto became a listed company in the Budapest Stock Exchange in September 2007.

In 2009 he became CEO of Dutch AutoBinck Group subsidiaries in Hungary where he was involved in developing innovative strategies with the aim of overcoming the complex demands raised by the global financial crisis thereby ensuring continued market presence and enhanced profitability. With his leadership Hyundai brand increased market share significantly and became a top10 brand in Hungary in 2011.

Since October 2011 AutoBinck Group was appointed as importer of Jaguar Land Rover brands for Hungary which increased the scope of activities that now also include two retail showrooms and service facilities in Budapest.

Education: Budapest University of Economic Sciences, Faculty Foreign Trade (1988 - 1992)
Languages: English, Spanish, Hungarian


1. Where did you grow up?

In Budapest for the most part but I spent four great years in Madrid as a teenager.

2. If you could be an expat anywhere in the world, where would you choose?
It would be Spain most probably but would be very difficult to make a choice between Madrid, Barcelona and Sevilla and the different mentality these cities represent.

3. What would you miss most if you moved away from Hungary?
I would really miss my hometown Budapest, lake Balaton and Hungarian food.

4. Friends are in Budapest for a weekend - what must they absolutely see and do?
It is not very original but Buda Castle would be the first place to go.

5. What is your favourite food?
Smoked csülök in its many different forms of preparing.

6. What is your favourite sport / form of exercise?
It used to be basketball at University. I really liked the opportunity that basketball offers for combination of individual performance and team spirit. Lately I enjoy mountain biking.

7. What is your favourite place in Hungary?
Pilis mountains.

8. What career other than yours would you love to pursue?
That would be probably restoring of oldtimer motorcycles and cars.

9. What’s a job you would definitely never want?
Anything that has to do with singing. I am hopeless at it :-)

10. Where did you spend your last vacation?
Skiing in Austria.

11. Where do you hope to spend your next one?
Anywhere outside the reach of mobile phones and internet.

12. What was your favourite band, film, or hobby as a teen?
Stanley Kubrick films, say “Full metal jacket” to pick one, Led Zeppelin, The Doors or Nine Inch Nails for bands.

13. What can’t you resist?
Motorcycles on a race track.

14. Red wine or white?
White but rose would also do.

15. Book or movie?
Sorry to see that there is no time left anymore for books and that there are extremely few movies worth seeing.

16. Morning person or night person?
Late-late night person and a morning zombie.

17. Which social issue do you feel most strongly about?
Environmental protection, the things you can actually do yourself at home or at the office to reduce waste of energy and waste of resources.

18. Buda or Pest side?
Buda and Pest and the “Sziget”

19. Which achievement in your life are you most pleased about?
I hope to say in some years that I set good example and helped to find good direction to my kids.

20. What would you say is your personal motto?
If a thing is worth doing, it’s worth doing well. …and should be done day after day with persistence.

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