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Alfa Bank – Commercial Giant

After setting up his own sales finance company in the Czech Republic and then travelling the world for eight years working for GE Capital, Petr Smida took up his post as Alfa Bank’s CEO two years ago. Here he gives his first extensive interview to The Banker.
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Q How does your Czech background and international experience help with running one of Russia’s biggest commercial banks?

A My global experience definitely helped me to settle in Russia and distinguish what is culturally and what is generically true of the Russian market. If you travel to several countries and see the business models, after a while you can separate what is specific and what is general.

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