VAB Bank Supervisory Board decided to appoint Lukas Tursa as the Deputy Chairman of the Management Board. In his new position Mr.Tursa will be in charge of treasury operations, international borrowings, and VAB Bank investment business.
Lukas Tursa has been with VAB Bank since the end of 2006 as the Head of Treasury and Financial Institutions Department. He has been working in the financial field for more than 10 years. Bofore he joined VAB Bank he was employed by financial organizations in Great Britain and Lithuania (last position – Director of State Treasury Department of Lithuanian Republic). Mr.Tursa studied banking and international finances at City University Business School in London.
According to Petr Baron - VAB Group Chairman of the Management Board, Lukas Tursa has extensive working experience in the area of international borrowings and liquidity management, as well as wide contacts with international banks and financial organizations. «We are sure that the professionalism and experience of Lukas will help achieve targets set to develop our Bank on the international and local markets», - said Petr Baron.
Reference data Vseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group, a full-service financial group. Branch network consists of 25 branches and 143 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.7 billion as of 01 January 2008, total capital — UAH 675 million.
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