The Budapest 2032 Committee will be led by Attila Szalay-Berzeviczy, the former President of the Budapest Stock Exchange. Hungary has never hosted the Olympics before, but bid unsuccessfully for 1916, 1920, 1936, 1944, 1960, and most recently 2024, which it awarded to Paris.[53] HOC president Krisztián Kulcsár said: “In 2021 we arrived to year in which the Hungarian Olympic Committee has to address the tasks preceding candidacy for and hosting the 2032 Olympic Games and has to set up a respective team, otherwise the Hungarian Olympic Committee would not do its job properly”. Hungary has also won the most Olympic medals for any nation to have never hosted the world’s biggest quadrennial sports event.[54]