Equa bank_information 4Q2011 EN_v2

Stránka 1 z 14
Equa bank a.s. information
as at 31.12.2011
(in accordance with the CNB Degree no. 123/2007 Coll., stipulating the prudential rules for banks, credit unions and
investment firms)
Published April 30, 2012
Content:
1.
General information about the bank ..................................................................................................... 2
2.
Consolidated group structure ............................................................................................................... 4
3.
Bank activities information .................................................................................................................... 4
4.
Financial situation ................................................................................................................................. 6
5.
Prudential rules fulfillment information ............................................................................................... 10
Attachments:
I.
Organizational chart
II.
Information about the Supervisory Board members
III.
Information about the Board of Directors members
IV.
Information about the Bank Management members
Stránka 2 z 14
1. General information about the bank
1.1. Basic information
Company:
Address:
Identification number:
Date of registration:
Date of the latest change:
Purpose of the latest change:
Equa bank a.s.
Karolinská 661/4, Praha 8, PSČ 186 00
471 16 102
January 6, 1993
March 1, 2012
changes in address
Registered capital:
Repaid capital:
1 976 400 000 CZK
100%
Issued shares:
1 976 pcs of ordinary shares, each in nominal value of 1 000 000 CZK
4 pcs of ordinary shares, each in nominal value of 100 000 CZK
No own shares, interim certificates nor other securities, which could be exchanged for ordinary shares, were
acquired.
Registered capital has been increased during the last quarter by 211 400 000 CZK through new shares
subscription.
Shareholder information:
Equa Group Limited
Valletta, St. Paul Street 259, VLT 1213
Malta
100% share on voting rights
100% direct share on capital
1.2. Organizational structure
Organizational structure valid as at 31.12.2011 is showed in the attachment no. I.
Number of organizational units:
Average number of employees:
13
212
1.3. Information about members of the Supervisory Board, of the Board of Directors and of
the bank management
Detailed information about members of the Supervisory Board, of the Board of Directors and of the bank
management including their professional experience qualifying them for performance of their duties is stated
in the attachments no. II.-IV.
a)
Supervisory Board
Name
Position
From date
Peter Bramwell Cartwright
Chairman
20.6.2011
Stephen Pulley
Member
20.6.2011
JUDr. Jan Kittrich
Member voted by employees
20.9.2011
Stránka 3 z 14
b)
Board of Directors
Name
Position
From date
Ing. Leoš Pýtr, CSc.
Chairman
14.10.2008
David Putts
Member
20.6.2011
Ing. Radek Pluhař, Ph.D.
Member
27.6.2011
Ondřej Moravec
Member
25.8.2011
Name
Position
From date
Ing. Leoš Pýtr, CSc.
Chairman of the BoD
1.9.2008
David Putts
Chief Executive Officer
20.6.2011
Ing. Monika Kristková
Acting Chief Financial Officer
21.6.2011
Ing. Radek Pluhař, Ph.D.
Chief Risk Officer
20.6.2011
Ondřej Moravec
Chief Operational Officer
20.6.2011
c)
d)
Management
Membership in statutory bodies of other companies
Name
Position
Membership in statutory bodies of other companies
Anacap Financial Partners LLP;
Base Commercial Mortgages Holdings Limited;
Apex Credit Management Holdings Limited;
AC Acquisitions Limited;
Aldermore Bank Nominees Limited;
Peter Bramwell
Chairman of the
Aldermore Bank plc;
Cartwright
Supervisory Board
Aldermore Holdings Limited;
Cabot Financial Group Limited;
Medifin Holding Limited;
Mediterranean Bank plc;
Pall Mall Finance Limited;
Equa Holdings Limited
Stephen Pulley
Ondřej Moravec
Member of the
Supervisory Board
Chief Operational Officer
Anacap Financial Partners LLP
Equa Financial Services s.r.o.
Stránka 4 z 14
e)
Total outstanding balance of loans given by the bank to members of
(‘000 CZK)
Supervisory Board
Board of Directors
Management
f)
31.3.2011
0
0
8 406
30.6.2011
0
0
0
30.9.2011
327
0
0
31.12.2011
313
0
0
Total outstanding balance of guarantees given by the bank to members of
The bank did not issue any guarantee to the members of the Supervisory Board, of the Board of Directors or
of the bank management.
2. Consolidated group structure
2.1. Controlling entity information
Name
Legal form
Address
Share on capital
Share on voting rights
Other way of controlling
Equa Group Limited
Foreign state legal form
Valletta, St. Paul Street 259, VLT 1213, Malta
100%
100%
No
Total amount of ban receivables:
Total amount of bank payables:
Total amount of securities issued by controlling entity in the bank assets:
Total amount of payables related to these securities:
Total amount of guarantees granted by the bank to controlling entity:
Total amount of guarantees accepted by the bank from controlling:
2.2. Controlled entity information
As at 31.12.2011 the bank did not own any interest in other entity.
3. Bank activities information
3.1. Authorized activities according to the business register
•
•
Activities pursuant to Act No. 21/1992 coll., on Banks (Article 1(1))
a) Accepting deposits from the public,
b) Providing loans.
Activities pursuant to Act No. 21/1992 coll., on Banks (Article 1(3))
a) Investing in securities for own account,
b) Financial leasing,
c) Money transmission services,
d) Issuing and administering means of payment,
(‘000 CZK)
0
60 298
0
0
0
0
Stránka 5 z 14
e)
f)
g)
h)
i)
j)
k)
l)
m)
n)
o)
Providing guarantees,
Opening letter of credit,
Collecting payments,
Providing investment services,
Money broking,
Acting as depository,
Bureau-de-exchange activities,
Providing banking information,
Trading for own account or for account of clients,
Renting safe deposit boxes,
Other activity directly associated with the above activities of Equa bank a.s.
3.2. List of really performed activities
•
•
Activities pursuant to Act No. 21/1992 coll., on Banks (Article 1(1))
a) Accepting deposits from the public,
b) Providing loans.
Activities pursuant to Act No. 21/1992 coll., on Banks (Article 1(3))
c) Money transmission services,
d) Issuing and administering means of payment,
e) Providing guarantees,
f) Opening letter of credit,
g) Collecting payments,
k) Bureau-de-exchange activities,
l) Providing banking information,
m) Trading for own account or for account of clients,
n) Renting safe deposit boxes,
o) Other activity directly associated with the above activities of Equa bank a.s.
3.3. List of activities which were limited or excluded by the Czech National Bank
Czech National Bank has not limited, suspended or prohibited any of the bank activities listed in the
business register.
Stránka 6 z 14
4. Financial situation
4.1. Balance sheet
TOTAL ASSETS
Cash and balances w ith central banks
Cash
Balances w ith central banks
Financial assets for trading
Derivatives w ith positive real value
Receivables
Receivables from banks
Receivables from clients
Other receivables
Tangible fixed assets
Lands, buildings and equipments
Real estate investments
Intangible fixed assets
Goodw ill
Other intangible fixed assets
Ow nership interests
Tax receivables
Other assets
('000 CZK)
1
2
3
4
5
6
29
30
31
32
46
47
48
49
50
51
52
53
56
31.3.2011
4 516 710
88 867
32 783
56 084
0
0
4 393 350
2 408 703
1 983 946
701
20 173
20 173
0
2 826
0
2 826
0
0
11 494
30.6.2011
3 949 706
104 864
34 262
70 602
0
0
3 793 730
2 156 918
1 636 714
98
19 724
19 724
0
2 694
0
2 694
0
607
28 085
30.9.2011
4 927 638
73 412
42 061
31 352
0
0
4 344 040
2 011 886
2 330 666
1 488
34 113
34 113
0
3 195
0
3 195
361 000
607
111 271
31.12.2011
6 075 932
2 244 399
37 848
2 206 551
67
67
3 205 657
356 747
2 846 621
2 289
59 750
59 750
0
8 065
0
8 065
363 612
103 962
90 420
('000 CZK)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
TOTAL LIABILITIES
Financial liabilities for trading
Derivatives w ith negative real value
Financial liabilities
Due to banks
Due to clients
Other financial liabilities
Reserves
Other reserves
Tax liabilities
Other liabilities
TOTAL SHAREHOLDERS' EQUITY
Registered capital
Paid registered capital
Share prem ium
Reserve funds
Retained earnings (accum ulated losses) from previous years
Profit (loss) for the accounting period
1
2
4
5
20
21
22
23
34
40
41
44
47
48
49
51
63
64
66
31.3.2011
4 516 710
3 613 487
0
0
3 576 373
171 956
3 396 614
7 803
1 308
1 308
0
35 806
903 223
1 100 000
1 100 000
0
25 805
-187 223
-35 359
30.6.2011
3 949 706
3 247 796
0
0
3 201 963
487 208
2 706 572
8 183
1 308
1 308
0
44 525
701 910
1 100 000
1 100 000
0
25 805
-187 223
-236 671
30.9.2011
4 927 638
3 636 472
0
0
3 567 450
297 419
3 189 501
80 530
1 308
1 308
0
67 714
1 291 166
1 765 000
1 765 000
0
25 805
-187 223
-312 415
31.12.2011
6 075 932
4 611 356
735
735
4 537 295
0
4 482 175
55 120
6 446
6 446
0
66 880
1 464 576
1 976 400
1 976 400
16
25 805
-187 223
-350 422
Stránka 7 z 14
4.2. Profit and loss statement
('000 CZK)
Profit from financial and operating activities
Interest incom e
Interests from receivables to central banks
Interests from loans and other receivables
Interest expense
Interests from financial liabilities at amortized cost
Fee and com m ision incom e
Fee and commision income from maintenance and custody
Fee and commision income from commitments and guarantees
Fee and commision income from payments
Fee and commision income from other services
Fee and com m ision expense
Fees and commisions for clearing ans settlement
Fees and commisions for other services
realized P/L from fin. assets and liabilities not booked at FV
Profit (loss) from loans and other receivables
Profit (loss) from fin. assets and lliabilities for trading
Profit (loss) from currency instruments (incl. derivatives)
FX differences
Profit (loss) from disposal of assets held to m aturity
Other operating incom e
Other operating expenses
Adm inistrative expenses
Em ployee expenses
Wages and salaries
Social and health insurances
Pension and similar expenses
Temporary employee expenses
Other emploee expenses
Other adm inistrative expenses
Advertisement expenses
Consulting expenses
IT expenses
Outsourcing expenses
Rents
Other expenses
Depreciation
Depreciation of lands, buildings and equipments
Depreciation of intangible fixed assets
Creation of reserves
Im pairm ent losses
Im pairm ent losses from fin. assets not booked at FV to P/L
Loss from impairment of loans and other receivables
Im pairm ent losses from non/finance assets
Impairment losses from lands, buildings and equipments
Impairment losses from intangible assets
Share on P/L of associated and controlled entities
Profit or loss from non-current asset revaluation
Profit or loss from continuous activities before tax
Income tax expense
Profit or loss from continuous activities after tax
Profit or loss after tax
1
2
3
7
11
15
24
31
32
33
36
37
41
43
44
46
50
53
59
60
61
62
63
64
65
66
67
68
70
71
72
73
74
75
76
77
78
79
81
82
83
84
87
89
90
93
97
98
99
100
101
103
31.3.2011
6 584
24 377
86
24 291
-18 631
-18 631
1 541
27
342
1 050
122
-698
-9
-689
348
348
0
0
1 121
-212
172
-1 434
-35 416
-21 653
-12 559
-4 403
-24
-4 515
-152
-13 763
-160
-157
0
-3 589
-4 335
-5 522
-1 099
-885
-214
0
-5 628
-5 628
-5 628
0
0
0
0
200
-35 359
0
-35 359
-35 359
30.6.2011
16 210
49 024
213
48 811
-34 639
-34 639
3 934
27
1 538
2 119
250
-1 556
-16
-1 539
0
0
0
0
2 449
-212
373
-3 164
-71 901
-44 818
-25 911
-9 122
-48
-9 536
-201
-27 083
-223
-387
0
-6 632
-8 633
-11 208
-2 244
-1 807
-436
0
-178 937
-178 937
-178 937
0
0
0
0
200
-236 671
0
-236 671
-236 671
30.9.2011
32 968
80 331
324
80 007
-50 299
-50 299
6 965
27
2 248
4 195
494
-2 749
-171
-2 578
0
0
0
0
4 096
-1 367
570
-4 579
-171 129
-100 375
-68 335
-20 587
-72
-10 699
-682
-70 754
-8 433
-1 269
-5 930
-12 984
-15 530
-26 608
-3 885
-3 207
-678
0
-170 369
-171 619
-171 619
1 250
1 250
0
0
0
-312 415
0
-312 415
-312 415
31.12.2011
53 185
118 386
1 328
117 058
-68 419
-68 419
10 173
28
1 959
7 662
524
-5 308
2 208
-7 516
0
0
-5 492
-5 492
10 591
-1 820
769
-5 696
-389 850
-174 926
-125 406
-37 357
-96
-10 917
-1 150
-214 924
-72 442
-13 571
-34 093
-19 942
-26 841
-48 035
-8 763
-7 549
-1 214
0
-110 960
-111 714
-111 714
753
1 250
-496
2 612
0
-453 777
103 355
-350 422
-350 422
Stránka 8 z 14
4.3. Financial receivables with and without default
('000 CZK)
Value before
impairment
Net book value
Provisions on
individual basis
Provisions on
portfolio basis
Financial receivables total
Receivables from banks
Receivables w ithout default
Standard receivables
Receivables w ith default
Receivables from other persons than banks
Receivables w ithout default
Standard receivables
Watched receivables
Receivables w ith default
Substandard receivables
Doubtfull receivables
Loss receivables
31.12.2011
3 352 880
356 747
356 747
356 747
0
2 996 133
2 401 285
2 257 737
143 548
594 847
332 850
181 789
80 208
3 203 368
356 747
356 747
356 747
0
2 846 621
2 393 936
2 255 093
138 842
452 685
304 795
144 949
2 941
146 868
0
0
0
0
146 868
4 706
0
4 706
142 162
28 055
36 840
77 267
2 644
0
0
0
0
2 644
2 644
2 644
0
0
0
0
0
Financial receivables total
Receivables from banks
Receivables w ithout default
Standard receivables
Receivables w ith default
Receivables from other persons than banks
Receivables w ithout default
Standard receivables
Watched receivables
Receivables w ith default
Substandard receivables
Doubtfull receivables
Loss receivables
30.9.2011
4 551 977
2 011 886
2 011 886
2 011 886
0
2 540 091
1 994 106
1 774 310
219 797
545 985
280 861
222 626
42 498
4 342 552
2 011 886
2 011 886
2 011 886
0
2 330 666
1 982 443
1 766 787
215 656
348 223
233 130
114 524
569
201 902
0
0
0
0
201 902
4 140
0
4 140
197 761
47 731
108 101
41 929
7 523
0
0
0
0
7 523
7 523
7 523
0
0
0
0
0
Financial receivables total
Receivables from banks
Receivables w ithout default
Standard receivables
Receivables w ith default
Receivables from other persons than banks
Receivables w ithout default
Standard receivables
Watched receivables
Receivables w ith default
Substandard receivables
Doubtfull receivables
Loss receivables
30.6.2011
4 010 395
2 156 918
2 156 918
2 156 918
0
1 853 477
1 297 213
1 224 874
72 339
556 264
299 552
215 508
41 204
3 793 632
2 156 918
2 156 918
2 156 918
0
1 636 714
1 286 532
1 214 270
72 263
350 182
244 260
105 703
218
206 159
0
0
0
0
206 159
77
0
77
206 082
55 292
109 804
40 986
10 604
0
0
0
0
10 604
10 604
10 604
0
0
0
0
0
Financial receivables total
Receivables from banks
Receivables w ithout default
Standard receivables
Receivables w ith default
Receivables from other persons than banks
Receivables w ithout default
Standard receivables
Watched receivables
Receivables w ith default
Substandard receivables
Doubtfull receivables
Loss receivables
31.3.2011
4 435 747
2 408 702
2 408 702
2 408 702
0
2 027 045
1 924 073
1 845 713
78 360
102 972
74 335
3
28 634
4 392 648
2 408 702
2 408 702
2 408 702
0
1 983 946
1 912 198
1 833 972
78 226
71 748
71 478
1
269
31 358
0
0
0
0
31 358
134
0
134
31 224
2 857
1
28 365
11 741
0
0
0
0
11 741
11 741
11 741
0
0
0
0
0
Stránka 9 z 14
4.4. Financial receivables with and without impairment
('000 CZK)
Receivables w ithout im pairm ent (netto)
measured at amortized cost
measured at fair value
31.3.2011
30.6.2011
30.9.2011
31.12.2011
4 377 819
4 377 819
0
3 514 227
3 514 227
0
3 947 908
3 947 908
0
4 921 330
4 921 330
0
114 713
114 713
0
566 868
566 868
0
636 908
636 908
0
640 390
640 390
0
43 099
0
216 763
0
209 424
0
149 512
0
71 614
71 614
0
350 105
350 105
0
427 484
427 484
0
490 878
490 878
0
Receivables w ith im pairm ent (before im pairm ent)
measured at amortized cost
measured at fair value
Provisions to rec. measured at amortized cost
Accumulated loss of rec. measured at fair value
Receivables w ith im pairm ent (netto)
measured at amortized cost
measured at fair value
4.5. Restructured financial receivables
No financial receivables were restructured during the last quarter.
4.6. Fair and nominal values of derivatives
('000 CZK)
Foreign currency sw aps for trading receivables
Foreign currency sw aps for trading payables
31.3.2011
Nominal
Real value
value
30.6.2011
Nominal
Real value
value
31.9.2011
Nominal
Real value
value
31.12.2011
Nominal
Real value
value
0
0
0
0
0
0
67
179 986
0
0
0
0
0
0
735
180 664
4.7. Ratios
('000 CZK)
Capital adequacy
Return on average assets (ROAA)
Return on average equity Tier 1 (ROAE)
Assets per employee
Administrative expenses per employee
Profit or loss after tax per employee
31.3.2011
32,14%
-3,13%
-15,39%
46 564
1 460
-1 458
30.6.2011
26,94%
-10,81%
-53,89%
40 303
1 467
-4 830
30.9.2011
38,58%
-9,26%
-40,70%
25 013
1 158
-2 114
31.12.2011
43,77%
-7,37%
-31,22%
24 699
1 585
-1 424
Stránka 10 z 14
5. Prudential rules fulfillment information
5.1. Capital of the bank
('000 CZK)
Capital
Original capital (Tier1)
Repaid registered capital
Share premium
Reserve funds and other funds from profit
Obligatory reserve funds
Retained profit from previous years
Accumulated losses from previous years
Loss for the current year
Deductible items from original capital
Intangible fixed assets other than goodw ill
Additional capital (Tier2)
Deductible item s from original and add. capital (Tier1 + Tier2)
Capital designated to cover m arket risks (Tier3)
31.3.2011
900 397
900 397
1 100 000
0
-161 418
25 805
40 566
-227 789
-35 359
-2 826
-2 826
0
0
0
30.6.2011
699 216
699 216
1 100 000
0
-161 419
25 805
40 566
-227 789
-236 671
-2 694
-2 694
0
0
0
30.9.2011
1 287 972
1 287 972
1 765 000
0
-161 419
25 805
40 566
-227 789
-312 415
-3 195
-3 195
0
0
0
31.12.2011
1 456 511
1 456 511
1 976 400
16
-161 419
25 805
40 566
-227 789
-350 422
-8 065
-8 065
0
0
0
5.2. Capital requirements
('000 CZK)
Capital requirem ents total
Capital requirem ents to credit risk total
Capital requirem ents to credit risk using STA total
Cap. req. using STA to fin. institution expositions
Cap. req. using STA to enterprise expositions
Cap. req. using STA to retail expositions
Cap. req. using STA to expositions pledged by real estate
Cap. req. using STA to overdue expositions
Cap. req. using STA to short term expositions (fin. inst. & enterp.)
Cap. req. using STA to other expositions
Capital requirem ents to m arket risk using STA total
Cap. req. using STA to currency risk
Capital requirem ents to operational risk total
Cap. req. to operational risk using BIA
31.3.2011
224 112
214 887
214 887
6 803
163 203
0
0
5 729
36 562
2 589
0
0
9 225
9 225
30.6.2011
207 658
195 498
195 498
996
112 185
0
0
41 811
36 624
3 882
2 184
2 184
9 976
9 976
30.9.2011 31.12.2011
267 104
266 192
257 128
256 216
257 128
256 216
662
667
113 328
136 023
43 647
9 739
0
18 092
24 891
36 215
33 921
5 876
40 678
49 605
0
0
0
0
9 976
9 976
9 976
9 976
Stránka 11 z 14
Attachment no. I
Organizational chart as at 31.12.2011
Stránka 12 z 14
Attachment no. II
Supervisory Board
Peter Bramwell Cartwright (Chairman)
Peter Cartwright has spent his entire career in the financial services sector and was one of the founding partners
of AnaCap Financial Partners, LLP. Prior to AnaCap Financial Partners LLP, Peter Cartwright was Commercial
Director within a specialty insurance services provider backed by a UK-based private equity firm, and between 1999
and 2003 was the Sales & Marketing Director and Chief Operating Officer for GMAC UK and On:line Finance,
respectively, having previously worked for GE Capital.
Peter Cartwright is currently a non executive director of two regulated Banks within the EU, namely Aldermore Bank
PLC in the UK and Mediterranean Bank PLC in Malta.
Stephen Pulley (Member)
Steve Pulley is a Director at AnaCap Financial Partners LLP (“AnaCap”) focusing on deal origination and execution in
the UK, Ireland and Czech Republic having spent 5 years helping management teams restructure and grow financial
services companies owned by funds advised by AnaCap. Steve has held a number of Directorships of companies
owned by funds advised by AnaCap and is currently a Board Member of Conduit Capital Markets Holdings Ltd.
Prior to joining AnaCap, Steve Pulley worked as a management consultant for Oliver Wyman, a consulting firm
dedicated to the financial services sector. During his time at Oliver Wyman, Steve conducted more than fifteen
engagements providing a broad range of financial institutions with strategy, operations, M&A and risk management
advice from their London and New York offices, serving clients in the UK, continental Europe, the US and Asia.
Steve Pulley holds an MA with honours in Mathematical Sciences from Oxford University.
Jan Kittrich (Member voted by employees)
Jan Kittrich graduated at the Charles University (Faculty of Law) in Prague and then in comparative law and
international law at the universities in Mannheim and Adelaide. From 2003 to 2005 he worked as a legal advisor
at the Czech Ministry of Defense, in International Law Department, where he was responsible for negotiation
of international treaties and for preparation of international legal analyses. From 2005 to 2010 he worked as a legal
counsel at Citibank HQ in Prague primarily responsible for consumer banking.
He joined Banco Popolare Česká republika (now Equa bank) as a head of legal and compliance in October 2010
where he works until now. Since 2009 he is also an external lecturer of public international law at the Faculty
of Social Sciences of the Charles University.
Stránka 13 z 14
Attachment no. III
Board of Directors
Leoš Pýtr (Chairman)
•
3 years as President and Chairman of the Board of Directors at Banco Popolare Česká republika, a.s.;
•
4 years as Executive Director, Financial Market Supervision Department at Czech National Bank;
•
6 years as Chairman of the Board of Directors and General Director at První městská banka;
•
6 years as Member of the Board of Directors at GiroCredit-Sparkassen Bank Prague Ltd.;
•
Education: University of Economics – Prague, 28 years of professional experience in banking.
David Putts (Member)
David Putts has a long-term experience in corporate banking, entrepreneurial leadership and strategic leadership.
•
AnaCap Financial Partners (2010–2011): preparation of Equa bank launch as a CEO;
•
PZU (2009-2010): Managing Director of International Expansion;
•
HSBC (2007-2008): Regional Head of Personal Financial Services in Prague;
•
Barclays (2004-2006): Chief Operating Officer within the UK Banking division, responsible for consolidating
product management for 5 business divisions;
•
Andav Capital (2002-2004): David Putts led turnaround strategies for companies owned by private equity
firms in Poland;
•
Inteligo Financial Services (2000-2002): CEO and co-founder of one of the most successful financial
services start-ups in the Polish market;
•
McKinsey & Company (1990-2000): Management consultant to clients in U.S. and Poland, specializing
in banking and business growth strategies.
Radek Pluhař (Member)
•
5 years as Head of Commercial Risk Management in GE Money Bank;
•
7 years as Portfolio Manager and Strategist in Asset Management division of Česká spořitelna;
•
Holds Ph.D. in Finance from University of Economics in Prague.
Ondřej Moravec (Member)
•
Equa Financial Services s.r.o. – since March 2010 he was engaged in a new retail banking project
for AnaCap funds and was responsible for the areas of operation and IT;
•
AXA Bank Europe – more than one year on the position of Chief Operating Officer for Czech Republic and
Slovakia;
•
Citibank – 1.5 years Ondřej Moravec worked as a Head of Cards Products & Business;
•
eBanka - almost four years he spent as a Head of Cards and he was also a part of the bank management
team responsible for the bank’s restructuring and successful sale to Raiffeisenbank. At that time, Ondřej
Moravec also collaborated on other international PPF projects;
•
5 years he worked as a management consultant for Deloitte and Logica participating on various projects
for major banks in the Czech Republic.
Stránka 14 z 14
Attachment no. IV
Management of the Bank
Leoš Pýtr (Chairman of the Board of Directors)
Leoš Pýtr graduated at University of Economics in Prague and has 28 years of proffesional banking experience – see
the Attachment no. III.
David Putts (Chief Executive Officer)
David Putts has long-term experience in corporate banking, entrepreneurial leadership and strategic leadership – see
the Attachment no. III.
Monika Kristková (Acting Chief Financial Officer)
•
Since April 2010 engaged in a new retail banking project with a direct responsibility for finance, strategy and
performance management (Equa Financial Services s.r.o.);
•
1 year as a Mergers & Acquisitions Manager for ČEZ where she leaded several acquisition projects within
the Central and East Europe region;
•
5 years held various management positions in Czech Airlines;
•
6 years at Deloitte. As a Senior Associate of Financial Advisory division she conducted forensic audits
for several leading banks on the Czech Republic market. Before working as a Senior Auditor specializing in
banking sector;
•
Graduated in Finance at University of Economics in Prague.
Radek Pluhař (Chief Risk Officer)
Radek Pluhař has long-term experience in risk management of financial institutions – see the Attachment no. III.
Ondřej Moravec (Chief Operating Officer)
Ondřej Moravec has long-term experience in banking sector and for Equa group works since March 2010 – see
the Attachment no. III.