Greek shareholders preparing to put Peter Weiss in charge of Bancpost
Autor:
Voican Razvan
08.12.2010
Peter Weiss, 52, a former chairman of RBS Romania in
2005-2009, is likely to be appointed as the CEO of Bancpost soon, a
bank controlled by EFG Eurobank Greek group, according to banking
sources.
In late September, Bancpost was the ninth largest lending institution in terms of assets.
The Greeks are again getting ready to separate executive management from the position of chairman of the board, reverting to the dualist system they had given up in late 2008.
Peter Weiss has kept quite a low profile in banking areas, with few public appearances, even though for four years he had run one of the most powerful banks in corporate banking and at the same time one of the most profitable lending institutions domestically.
As a matter of fact, he is well known on the market owing to the very competencies he has in the area of corporate banking. The outlook of strengthened corporate operations for Bancpost, including attracting new clients, is likely to weigh heavily in the Greeks' decision to hand the executive position to him, considering the corporate segment proves to be stronger amid the crisis.
On the other hand, Bancpost has also had traditionally a strong profile as a retail bank, but has in recent years lost market share amid the frequent strategy changes.
In late September, Bancpost was the ninth largest lending institution in terms of assets.
The Greeks are again getting ready to separate executive management from the position of chairman of the board, reverting to the dualist system they had given up in late 2008.
Peter Weiss has kept quite a low profile in banking areas, with few public appearances, even though for four years he had run one of the most powerful banks in corporate banking and at the same time one of the most profitable lending institutions domestically.
As a matter of fact, he is well known on the market owing to the very competencies he has in the area of corporate banking. The outlook of strengthened corporate operations for Bancpost, including attracting new clients, is likely to weigh heavily in the Greeks' decision to hand the executive position to him, considering the corporate segment proves to be stronger amid the crisis.
On the other hand, Bancpost has also had traditionally a strong profile as a retail bank, but has in recent years lost market share amid the frequent strategy changes.