GE Money Bank Announces Management Changes, Effective Oct. 1, 2015
September 01, 2015 at 02:28 pm EDT
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Tomas Spurny, 50, will become new CEO of GE Money Bank in CR as of Oct. 1, 2015, taking over from Sean Morrissey who leaves after more than four years to hold a position within GE Capital, adding that the change has nothing to do with the future sale of the bank. The appointment needs approval from the regulator.
Spurny's last position was that of CEO of BCR. He has experience of more than 30 years in the financial sector, with positions such as CEO and CFO held at CIB Bank, PPF, Komercni banka, CCS CR and VUB Banka Intesa Sanpaolo.
Moneta Money Bank a.s. is one of the leading financial services groups in the Czech Republic. Net sales break down by activity as follows:
- retail banking (64.2%): sales of conventional banking products and services to induviduals (current account management, consumer credit, sale of savings contracts, mortgages, car loans, home loans, leasing, credit card issuance, etc.);
- commercial banking (29.6%): sales of banking products and services to small and medium enterprises, financial and public institutions (asset funding, investments and projects, leasing, management of vehicle fleets, industrial equipment funding, etc.);
- other (6.2%): primarily investment banking and bancassurance.
At the end of 2021, the group managed CZK 285.1 billion in courrent deposits and CZK 255.6 billion in current loans.
The products and services are marketed through a network of 154 branches located in the Czech Republic.
MONETA MONEY BANK, 
