Hungarian election winner Péter Magyar on Monday nominated András Kármán as finance minister, Anita Orbán as foreign minister and István Kapitány as economy and energy minister in his incoming government, as previously indicated.
Magyar's centre-right Tisza (Respect and Freedom) won a landslide victory in an 12 April election, ending the 16-year rule of right-wing Prime Minister Viktor Orbán that had become a template for many conservative rulers across the West.
The result could allow Magyar to overhaul some of Orbán's contested reforms in order to unlock billions of euros of funding that the European Union froze over rule-of-law concerns.
"We have said it several times already, this is an enormous mandate, an enormous majority, and at least as large a responsibility," Magyar said after the first meeting of his parliamentary group.
"This was the key point of today's parliamentary group meeting, to discuss with our fellow lawmakers what this responsibility means and how we can live up to this responsibility 24/7, every day of the year."
Karman, a former Erste Bank executive, also worked as a member of the board at the European Bank for Reconstruction and Development, and was a state secretary at the Economy Ministry after Orban's election in 2010.
Kapitány, a former global executive vice president at Shell, who also led a Hungarian association of executives between 2020 and 2025, has said the release of EU funding and predictable policies would help revive the economy.
Anita Orbán- no relation to Viktor worked as public affairs director at Vodafone and held various diplomatic roles at the Foreign Ministry in his first government between 2010 and 2015.
Magyar said his government could take power during the week of 11 May after he is expected to take the oath of office on 9 or 10 May at the inaugural session of parliament.
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Mid-May could be when Hungary’s election winner, Péter Magyar will swear in his cabinet, he said on Wednesday. He's due to take office as prime minister after last weekends elections. He's pledged swift action to unlock billions in suspended European Union funding.
Péter Magyar has defeated long-time Prime Minister Viktor Orbán in Hungary’s 2026 parliamentary election, ending more than a decade of Fidesz rule and marking a dramatic shift in the country’s political landscape. But what do we know about the man set to become the country's new PM?
Centre-right Peter Magyar's Tisza Party has won a landslide in Hungary after a night of counting in the Hungarian election. Viktor Orbán has conceded defeat after 16 years in power. "We have done it. Tisza and Hungary have won this election", Magyar said to cheering supporters in Budapest.
Hungary votes on Sunday in a parliamentary election that could loosen Viktor Orbán’s 16-year hold on power. His ruling Fidesz faces a strong challenge from Péter Magyar’s Tisza party, which has led some polls, though many voters remain undecided.
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