Thursday 11 May 2017

Banking on Full Recovery? The Financial Sector Post-Crisis

Kerynia, Level -1, Filoxenia Conference Centre

Nine years have passed since the eruption of the global financial crisis, but has the cocktail of remedies applied to safeguard financial stability led to a permanent hangover for banks? The panel will discuss the resilience and sustainability of the banking sector and the role that it can play in supporting long-term economic growth, while avoiding the volatility and excesses of the past.

Among the topics to be addressed are the lingering portfolios of Non-Performing Loans across much of the EBRD region, which is now the priority focus of the Vienna Initiative, and the challenges of the changed regulatory environment. Given the pressure on banks’ profitability and the growing relevance of “disruptive” technology in financial services, panellists will also consider whether bank business models need to be adapted to reflect different market dynamics and customer preferences.

Learn more about the Resilient Quality.

Moderator

Nick Tesseyman

MD, Financial Institutions, EBRD

Speakers

Fokion Karavias

CEO, Eurobank S.A.

Wojciech Sobieraj

CEO, Alior Bank

Carlo Vivaldi

Head of CEE Division, UniCredit

Boris Vujčić

Governor, Croatian National Bank

Fokion Karavias

CEO, Eurobank S.A.

Mr. Fokion Karavias holds the position of the CEO of Eurobank Ergasias SA and he is Member of the BoD of Eurobank. He has served as Senior General Manager Head of Group Corporate and Investment Banking, Capital Markets and Wealth Management from 2014 until 2015. He's been General Manager and member of the Group Executive Committee in the period 2005-2013 and Deputy General Manager and Treasurer in the period 2002-2005. He started his career in banking in 1991, at JP Morgan New York, in the market risk management division. In 1994, he joined Citibank Athens, responsible for derivative and fixed income business. In 1997, he joined Eurobank, as head of fixed income and derivatives trading. In 2000, he became Treasurer at Telesis Investment Bank. He is a Member of the BoD of Eurobank Private Bank Luxembourg SA. He holds a Diploma in Chemical Engineering from the National Technical University of Athens, a Master's and Ph.D. in Chemical Engineering from the University of Pennsylvania.

Wojciech Sobieraj

CEO, Alior Bank

Wojciech Sobieraj - CEO Since April 2008 Wojciech Sobieraj is the President of the Management Board of Alior Bank, one of the most dynamically developing universal banks, and one of the most recognisable brands on the Polish banking market. The Bank continuously strengthens its market position by combining traditional banking with innovative solutions and products. Wojciech Sobieraj was Vice President of the Management Board of Bank BPH SA from 2002 to 2006, where he was responsible for the retail banking division. While employed at Bank BPH SA, he also held the posts of Chairperson of the Supervisory Boards of Górnośląski Bank Gospodarczy SA and BPH Bank Hipoteczny SA. Previously, in the years 1994-2002, he was an employee, manager and partner of The Boston Consulting Group (BCG) in Boston, London and Warsaw. He was one of the creators of the BCG office in Warsaw, one of its directors and the first Polish partner of BCG. 

Nick Tesseyman

MD, Financial Institutions, EBRD

Nick Tesseyman is the Managing Director in charge of the Financial Institutions sector at the European Bank for Reconstruction and Development. Mr Tesseyman started his career at Barclays Bank in London and originally joined the EBRD from Shorebank in 1996 to develop the Russia Small Business Fund and other small business lending programmes. In 2000 he moved to Moscow and was appointed Deputy Director for Financial Institutions, Russia. Mr Tesseyman left the EBRD in 2006 to join Merrill Lynch, where he was a Director in the Investment Banking department, responsible for bank relationships and activity in Russia and the CIS. He rejoined the EBRD in August 2008 in his current role. Nick is a UK national and graduated from Oxford University.

 

Carlo Vivaldi

Head of CEE Division, UniCredit

Mr Carlo Vivaldi started his career in 1991 as a teller in Cassamarca Bank, which merged into UniCredit in 1998. From 1993, he gained experience in various Planning and Control teams, thus becoming responsible for Planning and Control for the New Europe Division (today's CEE) in 2000. In 2003, he was appointed CFO of UniCredit’s subsidiary in Turkey and in 2007 he became Management Board Member and CFO at UniCredit Bank Austria AG (covering Austria and CEE), as well as member of several Supervisory Boards in CEE subsidiaries. In 2011, he started serving as Deputy CEO in UniCredit’s Turkish subsidiary, YapiKredi. Further to that, in 2015 he was appointed as the Group’s Head of CEE Division, Deputy Chairman of YapiKredi and Supervisory Board Member in Russia and UniCredit Foundations. Mr Vivaldi is member of the UniCredit Executive Management Committee.

Boris Vujčić

Governor, Croatian National Bank

Boris Vujčić holds a PhD in Economics from the University of Zagreb. He has also received diplomas in Economics from the Montpellier University (France) and was a pre-doctoral PhD Fullbright student at the Michigan State University. He joined the Croatian National Bank in 1997, and was Director of the Research Department for 3 years before becoming Deputy Governor in 2000, a position to which he was re-appointed in 2006. In July 2012, Mr Vujčić became Governor of the Croatian National Bank for a six-year term of office. He has been a Deputy Chief Negotiator in Republic of Croatia's negotiations with the European Union 2005-2012. He was also a member of the Global Development Network (GDN) Board in the same period. Now, he is a Member of the Steering Committee of the ESRB, since 2016, a Chairman of the Steering Committee of the Vienna Initiative, 2016. Mr Vujčić's fields of expertise are macro and monetary economics, international finance and labour economics.