OREANDA-NEWS. December 25, 2014. Home Credit B.V., the Netherlands-based holding company for Home Credit’s leading multi-channel consumer finance operations in CEE and Asia, is appointing new country heads in Russia and China.

Reporting to Jiri Smejc, Group Chief Executive Officer, Yurij Andresov will become CEO in Russia stepping up from his current role of Deputy Country CEO. Igor Prerovsky, currently Country CEO in Vietnam, has been appointed China Country CEO.

Yurij Andresov will succeed Ivan Svitek in Russia on 1st February 2015. Yurij joined Home Credit in 2003 and has managed the Group's distribution network in Russia for over a decade. In June 2010, he was promoted to the position of Deputy CEO and since then has been instrumental both in promoting flexible distribution through a range of banking outlets and in supporting consumer loan sales.

After six successful years leading Home Credit's Russian business Ivan Svitek is taking a planned sabbatical break before returning to the Home Credit Group in a new role.

In China, Igor Prerovsky will succeed Michal Skocil in the role of China Country CEO, also as of 1st February 2015. Igor joined Home Credit in 2006 and among other positions he has served as Chief Marketing and Product Officer in Home Credit & Finance Bank in Russia, where he played a vital role in building up the company's retail presence.

Commenting on the management changes, Group CEO Jiri Smejc said:

“Ivan has done an outstanding job in Russia. Thanks to his leadership, our operations there now rank seventh among all Russian retail banks. He now takes a well-earned sabbatical before taking up new challenges within the Group.

Jurij Andresov, is a banker of proven experience whose knowledge and leadership skills are all the more precious in what is currently a particularly challenging environment.

In China, Michal Skocil has successfully completed his nine year mission, taking our operations there from one city to multiple provinces, bringing our different business models together under a single, nationwide Consumer Finance License.  Having achieved this, as previously agreed with Michal, he will now bring his unique knowledge and perspective of the Chinese market back to our Headquarters in Prague to be available to me and our team here. I have every confidence that Igor, our new CEO in China, will lead our business there to yet further success building on the excellent foundations laid by Michal.”