ISTVÁN FODOR is an electrical engineer and was awarded the Széchenyi Prize by the State of Hungary. He established the Ericsson Company’s Hungarian subsidiary in 1991, and was its CEO until 2002, and then Chairman of the Board until 2008. Between 1998 and 2000, he was the Chairman of the Hungarian Section of the Institute of Electrical and Electronics Engineers, Inc. (IEEE). Between 2004 and 2007, he was a member of the European Research Advisory Board. He is a member of the Semmelweis University Economic Council and a former member of the Eötvös Lóránd University Economic Council. From 2010 to October 2012 he served as Chairman of the Board of Directors of Urban Management Centre of Budapest. István Fodor was awarded the Manager of the Year Prize in 1998, and Middle Cross of the Order of Merit of Hungary.