Petr Baron, tbi bank’s CEO, has been appointed as Chairman of the Management Board. The announcement comes a few days after the announcement of new Supervisory Board members. These leadership changes follow the bank’s recent acquisition by Advent International (US) – one of the world’s largest and most experienced global private equity investors, with USD 100 billion in assets under management.

“I’m excited to open this new chapter in the journey of building a leading challenger bank. Together with our experienced team and the support of our new partners Advent, we are ready to accelerate our product-led growth by delivering to customers even more convenient and smooth digital banking across SEE markets”, says Petr Baron.

Through cooperation with more than 38,000 merchant partner stores across the region, tbi bank helps customers to get the products they need now and repay them in installments, using flexible financial solutions.