Mr. Bajnai is Chairman of the Global Advisory Board of Campbell Lutyens, the leading global private equity and infrastructure funds advisor and placement agent.
From mid-2017, Mr Bajnai has served as a member of the Investment Committee of the European Fund for Strategic Investments (EFSI), the institution behind the 500bn Euro „Juncker Plan for Europe”.
Until recently Mr Bajnai was Group Chief Operating Officer of Meridiam Infrastructure, the leading global investor and long-term asset manager of greenfield public infrastructure projects in Paris.
Between 2009 and 2010, Mr Bajnai served as Prime Minister of the Republic of Hungary, leading the crisis management government without party affiliation. Prior to this, in 2006 he was appointed Government Commissioner in charge of the National Development Plan; then Minister of Local Government and later Minister of Economy and National Development.
Between 2000 and 2006, he was CEO of the Wallis Group, a leading Hungarian diversified investment company in Real Estate, Construction, Energy, Telecoms, IT, Media, Manufacturing and Retail. Between 1995 and 2000 he was Managing Director and Deputy CEO of Creditanstalt Investment Bank Hungary, the leading investment bank in Hungary and the region. During his 16 years of private sector career before joining the government, he was a member of the boards/supervisory boards of the following companies: Budapest Airport (Chairman); Zwack Unicum Plc; Danubius Radio (Daily Mail), Graboplast and Rába Plc; and in 1999 he was a member of the Equinox Private Equity Fund’s Investment Committee, in cooperation with Advent International. He graduated from the Budapest University of Economics in 1991 and received training at EBRD in project finance in 1993.
Mr Bajnai is a member of the European Council on Foreign Relations (ECFR) as well as a board member of the „New Pact for Europe” project in Brussels and an advisor to the Atlantic Council’s Eurogrowth Initiative. He is also a former adjunct professor at Columbia University SIPA, a visiting fellow at John Hopkins University (SAIS) and a senior advisor to the Center for Strategic International Studies (in Washington DC).
Besides political appeal, is there economic merit to compressing international supply chains, and/or bringing them closer to ‘home’? Are we witnessing the end of stretched, cost-driven value chains – a prime feature of globalization – or their transformation? How can value chains be secured for greater robustness and resilience, and how can policy help?
The COVID-19 pandemic has posed significant challenges for supply chains globally. Multiple national lockdowns have led to labour bottlenecks and have disrupted the flow of raw materials and finished goods, dragging on manufacturing, and sending customers in a waiting mode.
These developments have compelled observers to ponder decoupling from China, value chain localization/regionalization, even ‘nationalization’ of selected strategic industries, closely linked to the concept of EU strategic autonomy, the idea of a more economically self-sufficient EU.