OREANDA-NEWS. November 9, 2012. OTP Bank JSC appointed Mr. Taras Prots a new Member of the Management Board and Chief Financial Officer of the Bank. Mr. Miklos Bebiak, who served as CFO since 2008, will continue to work with the bank until the expiry of the contract validity period focusing on the completion of the Bank’s 2012 annual financial statement project.

"When selecting a candidate for the post, we were guided by several criteria: first, a new CFO must be highly qualified expert in financial management to meet the high professional standards of OTP Bank, and second, he/she must be a successful idea-generating manager to effectively respond to new challenges and crisis tendencies in the banking sector. We believe that Mr. Prots fully meets these requirements. On behalf of the management, I am pleased to welcome Taras to the board of OTP Bank," commented on the appointment Mr. Tamas Hak-Kovacs, Chairman of the Board of OTP Bank JSC.

Taras Prots starts his performance as CFO since November 6, 2012. He joined OTP Bank having transferred from Bank Forum (Commerzbank group), where he held a similar position of Member of the Management Board in charge of Financial Management. Previously, Mr. Prots worked at Deloitte & Touche (2007-2009) and UniCredit Group (2000-2007). Taras Prots graduated from the International Christian University (Kyiv) having received the Bachelor’s Degree in Business Administration with honours. Thereafter, he proceeded with the Master's degree in the Management of Foreign Economic Activity at the European University (Kyiv), has a good command of English.

Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.

In Ukraine, JSC OTP Bank is captaining a financial group, which includes OTP Capital Asset Management Company, OTP Leasing LLC, OTP Pension Funds Administrator LLC, and OTP Factoring Ukraine LLC.