Home Credit Bank appoints CEO of Kazakh subsidiary
ALMATY. July 29 (Interfax) - Vladimir Gasyak, the deputy CEO of Russia's Home Credit and Finance Bank (HCFB) , has been named CEO of the bank's Kazakh subsidiary, Home Credit Bank.
Gasyak, whose appointment is effective from July 29, replaces Pavel Matso, who is taking over leadership of the bank's business in India, the bank said in a press release.
Gasyak joined Home Credit Bank in 2006 as head of the mortgage lending department. From 2007 to 2009 he led the retail business and headed the operations department.
Home Credit Bank was ranked 22nd by assets in 2012 among the 38 second tier banks operating in the republic, according to Kazakhstan's financial supervisory.
Gasyak's departure from the Russian bank's management board leaves that body with five members: Ivan Svitek, Dmitry Mosolov, Martin Schaffer, Yury Andresov and Olga Egorova.
HCFB, which is controlled by Czech billionaire Petr Kellner's PPF Group, was the 15th biggest Russian bank by assets as of the end of the first half of 2013 according to the Interfax-100 ranking compiled by the Center for Economic Analysis.
