The 7th of August 2018, marked a significant day for Home Credit India Finance Pvt Ltd., one of India’s fastest growing non-banking financial companies as it announced the appointment of Ondrej Kubik as its new Chief Executive Officer (CEO). The visionary business leader formerly served at Home Credit Bank- Kazakhstan where he successfully re-shaped the business model to make it one of the most profitable, fastest growing players in the country’s retail market. Ondrej will now be at the helm of the India leadership team driving the fast growing consumer finance company’s operations in India and will report to David Minol, Group Regional Executive Director.

Commenting on the occasion Ondrej states, “It gives me immense pleasure to get this opportunity to oversee the next phase of growth of Home Credit in India. It has been our endeavor at Home Credit to help customers realize their dreams by making things that matter the most to them more affordable through simple, transparent and accessible financial solutions. It will be my endeavor to build Home Credit as a lender of choice promoting safe lending solutions for customers in India.”

Ondrej will be taking over the position from Pavel Maco who shaped Home Credit’s journey in the Indian market through its investment phase since its foundation in September 2013 to serve more than 6 million customers as of today.

It has been our endeavor at Home Credit to help customers realize their dreams by making things that matter the most to them more affordable through simple, transparent and accessible financial solutions

Furthermore, Ondrej has been with the Home Credit Group since February 2008. His career spans from accounting and financial consultancy to top executive positions across Home Credit’s countries. Prior to being promoted to Country CEO in Kazakhstan (a role he had held since September 2014), Ondrej was Chief Financial Officer in two of the Group’s countries–in Kazakhstan (2010 - 2012) and later in Belarus (2012 - 2014). He holds a General Management degree from the Harvard Business School and graduated from the University of Economics in Prague with a Masters’ degree in finance and commercial law. He has also been an ACCA Member since 2002 and a Chartered Financial Analyst since 2006.

Welcoming Ondrej on board Group CEO Jiri Smejc said, “I am pleased to welcome Ondrej’s move to his new position in his continuing successful career in Home Credit Group. Ondrej has shown great skill as a leader in several countries already, and I am eager to see the new heights that he will take our Indian country operations to. Let me also take this opportunity to thank Pavel Maco for his long years at the helm of Home Credit Kazakhstan and currently in India. In India, Pavel led our operations through an impressive build-up from an unknown start-up into the most-recognized non-banking financial company, whose market leadership in loans under INR 10,000 is indisputable. The pace of growth within a tough, long-existing and well-established consumer finance sector has been unparalleled. I wish Pavel all the best on a well-deserved sabbatical, and we look forward to welcoming him back in the future.”