Erika Kovács has been the head of the Hungarian Financial Arbitration Board since 2014. Erika graduated at ELTE Faculty of Law in 1986, she became a fully qualified lawyer in 1988 (bar examination). She took part in postgraduate specialization course of International Trade Specialist (examination as a specialised lawyer of foreign trade, 1989) and Capital Markets and Banking Law (examination as a lawyer specialised for capital markets and banks, 1996).
Between 1987 and 2001, she worked in several commercial banks, as legal adviser at Inter-Europa Bank and at Agrobank, as chief legal advisor at Citi Bank, at Westdeutsche Landesbank and at ABN AM-RO Bank. In March 2001 she assumed the position of managing director at the National Bank of Hungary. She headed the legal directorate and the Presidential Secretariat as well. From March 2009 she became the chief legal advisor of Erste Bank.
In February 2014 - returning to the National Bank of Hungary - she became the chair of the Hungarian Financial Arbitration Board, dealing with alternative dispute resolution and consumer protection issues affecting the financial sector. She has been teaching at the Pázmány Péter Catholic University (Faculty of Law and Political Sciences) since 2000. She has been teaching several vocational training courses at Deak Ferenc School of Postgraduate Studies, where she is giving lectures in Capital Markets and Banking Law."