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Home Credit B.V. announces its new Country CEO in the USA

Home Credit B.V., the Netherlands-based holding company for Home Credit’s leading multi-channel consumer finance operations in CEE and Asia, has appointed a new country head for its operations in the USA.

Igor Prerovsky will become Country CEO in the USA as of 1 August 2016. Igor will report to Pavel Vyhnalek, Group Regional Executive Director.

He will move to this role from his current position of Country CEO in China. Igor has been with Home Credit for almost 10 years; he joined in June 2006 as Chief Marketing and Product Officer in Home Credit & Finance Bank in Russia and since then he has held a number of senior positions, including Country CEO in Vietnam (2012-2014) and China (2014-2016). Prior to joining Home Credit Group, Igor worked for a number of years as Vice-President and Member of the Board of Vodafone’s operations in the Czech Republic. Igor holds a bachelor’s degree in Economics from Mendel University in Brno (Czech Republic) and earned an MBA in finance at the University of New York.

Commenting on the change in the USA Country Management Team, Jiri Smejc, Group CEO said: “I would like to take this opportunity to express my thanks to Igor who achieved a tremendously important milestone in China. Under his leadership, the Chinese business acquired almost five million new customers in one year (from 6.5 million to 11.4 million) and doubled the sales volume in EUR terms (from 1.73 billion to 2.68 billion). Igor’s previous expertise from the telecommunications business and the experience he gained from the fast-growing markets in Vietnam and China will be of benefit to our operations in the United States. I wish him all the success in his challenging new job as Country CEO of Home Credit U.S. which is a start-up partnership with Sprint, one of the major U.S. telecoms operator.”

CONTACTS FOR MEDIA

Milan Tomanek
Group Head of Public Relations
Home Credit B.V. /Home Credit International, a.s.
Tel.: +420 224 174 066
E-mail: milan.tomanek@homecredit.eu

NOTES TO EDITORS

Home Credit B.V. (‘HCBV’ or ‘the Group’) is an international consumer finance provider with operations in 11 countries where there is high potential to grow. Founded in 1997, we focus on responsible lending primarily to people with little or no credit history. Our services are simple, easy and fast. We operate in highly attractive markets with significant barriers to entry. We are a leading provider of consumer finance in selected countries. It is our experience and knowledge across the different markets, which sustainably puts us ahead of our competitors. We drive and broaden financial inclusion for the unbanked population by providing a positive and safe borrowing experience – the first for many of our customers. We promote higher living standards and meet borrowers’ financial needs. Our 72.9 thousand employees have so far served 53.4 million customers through the vast distribution network comprising 185,893 points of sale, loan offices, branches and post offices. HCBV’s total consolidated assets reached EUR 9.7 million as at 31 December 2015. More information on HCBV is available at www.homecredit.net.

The majority shareholder (88.62% stake) of Home Credit B.V. is PPF Financial Holdings B.V., a 100% subsidiary of PPF Group N.V. (“PPF”). PPF invests into multiple market segments such as banking and financial services, telecommunications, insurance, real estate, metal mining, agriculture, retail and biotechnology. PPF’s reach spans from Europe to Russia, the USA and across Asia. PPF owns assets of EUR 21.3 billion (as at 30 June 2015). More information on PPF is available at www.ppf.eu.

A minority stake (11.38%) of Home Credit B.V. is held by EMMA OMEGA LTD, an investment holding company ultimately owned by Mr. Jiří Šmejc.