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Alexander Picker, Komercijalna Banka |
When Alexander Picker took over as head of Serbian state-owned lender Komercijalna Banka, he expected to find a “sleeping beauty”. Eighteen months on, he says: “She’s still a little sleepy – but at least we’re sure she’s a beauty”.
Picker’s remit was to prepare this slumbering institution for privatization by tackling the bad debts weighing on its balance sheet and devising a new business model suited to a digital era – or, as he puts it, “cleaning up the past and building the future”.
Mild-mannered and humorous, the unassuming banker from Salzburg seems an unlikely Prince Charming for a socialist-era Balkan lender.
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