Executive board

Mr. Chikan has been CEO of ALTEO Nyrt. since its foundation in 2008, and the Chairman of the Board of Directors since spring 2023. Under his leadership, ALTEO has grown to become one of Hungary’s leading energy companies.

Prior to that, he worked in various financial and investment positions. He received his degrees from the University of Economics of Budapest (now Corvinus University of Budapest) and the College of Foreign Trade (now a part of Budapest Business School).

The CEO, who is actively dedicated to sustainability issues, is the President of the Business Council for Sustainable Development of Hungary (BCSDH). He serves as a member of the Supervisory Boards of Blue Planet Climate Protection Investment Fund Management (Kék Bolygó Klímavédelmi Befektetési Alapkezelő Zrt.) and the Blue Planet Climate Protection Foundation (Kék Bolygó Klímavédelmi Alapítvány). He is Chairman of the Supervisory Board AutoWallis Nyrt., and a member of the Board of Directors at MÁV Start Zrt. He is a member of the Supervisory Board of UNICEF Hungary, a domestic representative of one of the world’s largest and longest-established child welfare organizations.

He is a member of the Board of the Sustainability Section of the Hungarian Economic Association, as well as a member of the Presidential Committee on Sustainable Development of the Hungarian Academy of Sciences.

As an active opinion leader on sustainability, he runs a blog under the name Chikansplanet.

Has been working at the Alteo Group as the Head of Finance since February 2018

Has extensive experience in international environment, previously working in similar positions in the management of Libert Global UPC, AstraZeneca, Diageo and Dreher Breweries.

Responsible for the financial, controlling and accounting operations of Alteo Group and its affiliates.

Graduated at the Budapest College of Commerce, Corvinus University and at Purdue University in the United States.

Mr. Kovács has been with ALTEO since April 2011.

Has more than 26 years of experience in investment analysis, acquisition and capital markets.

Graduated from the Faculty of Finance of the University of Economics of Budapest (now Corvinus University of Budapest) in 1993. After graduation he worked in the Corporate Finance Department of CAIB Értékpapír Rt. where he was involved in many IPO and acquisition advisory projects. From 1997, he was the Director heading the Corporate Finance Department at CAIB.

He was Investment Analysis Director at Wallis Zrt. from 2000 and then became Group Controlling Director in 2005. He was Director for Valuation & Modelling at the Financial Advisory Department of Deloitte Zrt. between April 2008 and March 2011.

Mr. Luczay is the Director of Wholesale Energy Trading and Virtual Power Plant Management
and a Member of the Executive Board. He has been with the Group since 2012.

Awarded his MSc in Engineering and MA in Engineering Economics from the University of Miskolc and his MBA from the Budapest University of Technology and Economics. He also holds qualifications as a Project Management Professional (PMP)® and in D.P.H. and Risk Management (The Oxford Princeton Programme). He has a decade and a half of experience in energy system design, implementation and operation, from working for different companies engaged in multiple country activities.

Currently, he is the head of the business area responsible for the establishment, operation and development of ALTEO’s (Sinergy’s) Control Centre (Virtual Power Plant) and his responsibilities also include the product management of the company’s power plants and the successful performance of the sector in the competitive market. In addition to his managerial responsibilities, he is also working on developing and implementing an innovative operating model for the Control Centre and related energy trading activities and a comprehensive risk management programme for energy trade.

She has been working at ALTEO Group since January 2019 as Head of the Waste Management Division.

After starting her career in agriculture and the feed industry, where she gained experience in foreign trade and purchasing, she switched to the environmental industry 15 years ago.
She has extensive experience in waste management, and while her main area of expertise is the recovery and trade of organic material generated in biogas plants, she is also known as an expert of other waste streams. From 2009 to 2010, she represented Hungary in the organic waste area of FEAD in Brussels on behalf of the Association of Environmental Service Providers and Manufacturers (AESPM).

At ALTEO Group, she is responsible for sustainability and circular economy. Her key tasks include implementation of the ESG-based approach and the principles of sustainability in the business decisions of ALTEO, supporting the operation of the e-mobility division, and management of the waste management division.

She holds degrees from the Faculty of Management and Agriculture of the Szent István University and from Anglia Ruskin University.

Part of the ALTEO Group (Sinergy) since 2003 in various management positions, with responsibility for the energy production business division.

He started his career in the chemical industry and then gained considerable experience in the field of commissioning, operation and maintenance of power plants.

He holds a Bachelor’s degree in Electrical Engineering from the Kandó Kálmán Polytechnic, an MBA from the Budapest University of Technology and Economics and earned his degree in Energy Management at Corvinus University.

Currently he is overseeing the economical, sustainable and safe operation of the ALTEO Group (Sinergy) portfolio facilities, managing the operation and maintenance branches (providing services to 24 establishments and leading close to 140 people).

He is responsible for maintaining the high standards of the energy services business activities and developing best practices to ensure the satisfaction of the Group’s internal and external customers.