Published: October 3, 2009
Martin Bartyzal has been appointed as Deutsche bank's new chief country officer for Czech Republic. He takes over from Vladimir Solc, who has left the bank to pursue other opportunities.
Based in Prague, Bartyzal will report to Peter Tils, CEO for Central and Eastern Europe.
Bartyzal, branch manager since 2007, is in charge of corporate banking coverage and global transaction banking in the Czech Republic. He has more than 18 years experience in the financial industry. Before this role, Bartyzal worked for Deutsche Bank as director in country coverage of the global banking division in the Czech Republic since 2002. He joined Deutsche Bank in 1991.
Deutsche Bank also announced the opening of its new subsidiary in the Ukraine to strengthen its presence in Central and Easter Europe. Target clients include multinational corporations and small and mid-cap companies from Germany and Western Europe as well as corporate and institutional clients in Central and Eastern Europe. The focus of the new subsidiary’s business operations will be on global transaction banking, which comprises cash management, trade finance and forex management. Investment banking activities are scheduled to be expanded over the years to come.
The subsidiary will be headed by Konstantin Seryogin, who was already head of the bank’s Ukrainian representative office. With more than 15 years of experience in the financial sector, Seryogin has advised, among others, corporate clients and banks as well as the public sector in the Ukraine. The new subsidiary is being launched with 20 staff members and equity capital of roughly €22mn. By the end of the year 2009, 30 employees should be working in the Ukraine, expanding to approximately 50 by 2012.