Molnar (pictured above) reportedly stepped down from the position following disagreements with HOC President Zsolt Borkai and the HOC Executive Board.

The Board accepted Molnar's resignation with immediate effect on October 12 less than three months after he had helped steer Hungary to an impressive ninth place on the medal table at the London 2012 Olympic Games.

In London, Hungary won 17 medals, eight of which were gold, while their star performer was sprint canoer Danuta Kozák, who won two gold medals.

Sprint canoer Danuta Kozák proved one of Hungary’s top athletes at the London 2012 Olympics as she claimed two gold medals

Following the resignation of Molnar, HOC President Zsolt Borkai nominated 50-year-old Szabo, the HOC sport director, as the man to fill the vacant position.

The nomination was approved by the HOC Executive Board unanimously meaning that Szabo, who won Olympic gold in fencing in Seoul in 1988 and the again in Barcelona in 1992, takes up the position with immediate effect.

"President Zsolt Borkai nominated Bence Szabo, sport director of the HOC to be the successor (to Szabo)," said an HOC statement.

"The nomination was approved by the HOC Executive Board unanimously.

"Consequently, Szabo is the new secretary general of the HOC as of October 12, 2012."

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