Andrea De Michelis

Executive Director for Finance, Planning and Control Division, Member of the VÚB Management Board

VUB, a.s. Supervisory Board appointed Mr. Andrea De Michelis for the position of the Management Board member and Chief Financial Officer on its 3rd meeting held on July 19, 2011.

Mr. De Michelis holds a Degree in Business and Economics from University of Turin and a Master in Finance degree from London Business School.

Mr. De Michelis has spent most of his professional life in the banking sector. Before starting working with VUB he worked since 2007 for Bank of Alexandria, Cairo, Egypt as the Chief Financial Officer and Head of Accounting, Planning & Control. His responsibilities were focused mainly on preparation of Business Plans and Budgets, development of the Management Reporting, introduction of the Fund Transfer Pricing establishment of Cost Control, implementation of the new IFRS oriented Egyptian Accounting Standards.

During the period of 1989 and 2007 Mr. De Michelis worked for Inter-Europa Bank Rt. (IEB) Budapest, Hungary as the Executive Director – Head of Risk Management, Head of Planning and Control; Advisor to the Management Board for Banka Koper in Slovenia; Director and Head of Planning and Control and Accounting Sanpaolo for Wealth Management Milan Italy as well as for Sanpaolo IMI London Branch and Sanpaolo in Torino.

In VÚB, Mr. De Michelis is responsible for Finance, Planning and Control Division. He is committed to contribute to the continuing success of VÚB by highlighting the performance issues, contributing to the cost efficiency and tax optimization.

Mr. De Michelis was born in Italy and is married.