Executive Board

Gábor Mátrai

Member of the Board - IVSZ (Hungary)

Gábor Mátrai is an Economist and Board Member at IVSZ – ICT Association of Hungary. 

After finishing his studies at the University of Economics Budapest, Faculty of Finance in 1987, he started his career in Budapest, as Financial Analyst for the leading Hungarian commercial banks: Hungarian Credit Bank (1987-1989) and Hungarian Post Bank (1989-1990). 

In 1990 he joined Sandoz/Novartis AG in Hungary, as CFO. There, he was responsible for all the financial matters, planning, budgeting and group reporting. 

From 1993 to 2000, he worked as Investment Director of leading venture capital funds in Hungary: Hungarian-American Enterprise Fund (1993-1997) and First Hungary Fund (1997-2000). During this time, he was mainly responsible for IT, Telecommunication and Media investments, restructuring, mergers and acquisitions in Hungary and in the CEE region. (eg. Recognita/Nuance: OCR company, Semilab: semiconductor test equipment manufacturer, EPT and Egertel: LTO operators, Euronet: regional independent ATM network operator, Kabeltel: the second largest CATV operator in Hungary). 

From 1998, he represented Kábeltel’s investor (First Hungary Fund) in the merger with Kábelkom, the largest regional cable operator owned by Sony, Disney, Time Warner and United Globalcom/Liberty Global. After the successful closing of the merger he joined to Liberty Global/UPC CEE as Business Development Director and he took a leading role in the regional acquisitions, business and product developments (Poland, Hungary, Czech Republic, Slovakia, Romania, and Slovenia). His financial background and analytical skills in deal generation, due diligence, business valuation and financial structuring had a proper contribution to UPC’s regional expansion. From 2004, he also took over the Director of Regulatory, Government and External Relations position in UPC Hungary. He had been with UPC since March 2000, after leaving First Hungary Fund, the largest venture capital fund in Hungary and I left UPC in 2009. 

In 2010, he joined to the advisory team of Minister of National Development Ministry. In the Minister’s advisory team he was responsible for preparing the government’s National Infocommunications Strategy. At that time, he was also the Strategic Director of the Budapest based Broadband Foundation, which promoted the cooperation between the market players, the Government and NGOs to enlarge the broadband coverage and boost the usage of the broadband services. 

In August 2010, he was appointed out as the Vice-President of National Media and Infocommunications Authority (NMHH), Hungary, the converged independent regulator established in 2010, where until his resignation in December 2013, he was responsible for info-communication matters and he also led all the most important telecommunications projects of the Authority: ASO/digital transition, market analysis processes, frequency management and tendering, net-neutrality and cyber security projects. In December 2012, he was also elected to the Vice-Chair of BEREC (Body of European Regulators for Electronic Communications). 

In the period of 2010-2015 he was a Board member of the Hungarian Handball Federation, where he was responsible for the international relationships, media/communication and for the broadcasting rights. 

Currently he works as Director of Foreign Affairs and as a Board Member at the ICT Association of Hungary and as an independent advisor for several Hungarian IT and research companies as well. He is member of the Hungarian Economists’ Association and also makes lectures at the University of Economics in Budapest. 

Executive Board Members


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