Ted Pietka has more than 15 years of business experience from Canada, United Kingdom and CEE/CIS, especially Poland, Ukraine, Russian Federation and Romania. He gained practical skills and know-how in working with large multinational corporations, global consulting players as well as private equity firms, high net worth individuals and entrepreneurs.
In the past Ted has helped to built several financial services companies and groups in CEE/CIS including retail banks, mortgage banks, financial services intermediaries, mortgage brokers, cash loan brokers, etc.
In his most recent assignments Ted was involved in creation of sustainable businesses from promising assets, optimization of corporate on-shore and off-shore structures, facilitation of access international capital markets and implementation of exit strategies.
Ted is a Chartered Financial Analysts and holds Bachelor of Arts Degree in Economics, Accounting and Finance from Wilfrid Laurier University, Waterloo, Ontario, Canada as well as Master of Business Administration degree from London Business School, London, United Kingdom.
He is honorary blood donor. In his spare time he plays football. | | Supervisory Board Memberships | Poland |  | more info  | | Techmex S.A. www.techmex.com.pl Warsaw Stock Exchange listed Techmex S.A. is a provider of advanced solutions in geoinformatics based on satellite technology. | | NFI Magna Polonia S.A. www.magnapolonia.com.pl NFI Magna Polonia S.A. is an investment fund quoted on Warsaw Stock Exchange since 1997 concentrating on investments in telecommunication sector in CEE, especially in Poland. | | Hygienika S.A. www.hygienika.pl Hygienika S.A. is a Warsaw Stock Exchange listed producer of high quality personal hygiene products with bold growth and expansion strategy. | | Boryszew ERG S.A. www.sochaczew.boryszew.com.pl Boryszew ERG S.A. is a leading Polish producer of industrial and consumer products in automotive, packaging, chemical, construction and building materials segments. Controlled by WSE listed Boryszew Capital Group. | | Boryszew S.A. www.boryszew.com.pl Boryszew Capital Group is a Warsaw Stock Exchange listed company, majority owned by Mr. Roman Krzysztof Karkosik, top five Polish High Net Worth Individual. | | | | | Managing Director, Strategy & Finance, Board Member Management Company with 60+ business in nine sub-holdings, ~35,000 staff, revenues~ US$2.0 bln including banking, insurance, commercial farming, egg and beef production, retail groceries chain, real estate, transportation, natural gas distribution. | more info  | - Overall responsibility for growth, funding, strategic partnerships, exit strategies
- Attracted high profile senior team members from Poland and EU
- Led IPO process of commercial farming business on AIM in London (postponed)
- Led Private Placement transaction of comercial farming business (postponed)
- Implemented (partially) EU-10 based banking strategy/initiative with bold CIS/CEE expansion strategy
- Introduced STC to several high profile investors in GCC region especially Dubai, Abu Dhabi, Bahrain, Oman, Saudi Arabia, Qatar and Kuwait. Led advanced negotiations of potential capital injections.
- Identified several and led one "reverse take-over" transaction on Warsaw Stock Exchange (postponed)
- Led and conducted IFRS audits of 30+ firms, consolidated on-shore and off-shore assets/holdings
| | | Vice Chairman Capital of US$ 252mln; Assets of US$ 950mln; #15 in Ukraine by capital; # 31 by assets as of Dec 31st, 2007 | more info  | - Overall responsibility for growth strategy development and execution, especially related to retail, mortgage and consumer finance segments. Attracted team with proven track record (COO, CFO, CRO).
- Created all necessary components of a retail bank (distribution & sales, back office, underwriting processes, risk policies & procedures, product development, IT/front-end system, collections; etc.)
- Opened 46 retail branches in seven months. Hired and trained 200+ front and back office employees
- Conducted IFRS audits. Initiated rating processes. Led discussions with potential strategic investors
- Developed strategy for "Financial Holding" with bank as a "profit center" including auxiliary businesses.
| | | Member of the Management Board New retail bank in Poland | more info  | - Lead development and implementation of a business case/plan and market entry strategy of a new, specialized (mortgage and consumer lending) retail banking player in Poland (future Allianz Bank)
- Developed and implemented multi-channel distribution and client acquisition strategy, product and positioning strategy, operational model. Through personal contacts, hired top banking talent
- Overall responsibility for commercial aspects of the project and future bank
| | | Investment & Business Advisor Financial Services Private Equity Fund based in Warsaw, Poland | | | Investment & Business Advisor, Co-Investor Financial Services Private Equity Fund based in Stockholm, Sweden | more info  | - Acted as industry expert/advisor for two Private Equity Funds based in Warsaw and Stockholm on investment opportunities, especially in financial services sectors in Poland, Romania and Ukraine
- Co-invested with one Private Equity Firm; acted as Supervisory Board Member of acquired companies
|  | | Vice Chairman of the Management Board Retail Banking/Consumer Finance Holding Company. Listed on Warsaw Stock Exchange, market capitalization from ~ US$ 200M to US$ 4,000M; one of the best stocks in 2004-2006. | more info  | - Shared with the CEO of the holding overall responsibility for all strategic and operational matters.
- Co-created and executed investment and business strategies/initiatives aimed at maximizing stock market valuation through achieving more specific goals such as: growth in sales/credit action (increase B/S of Getin Bank), double digit growth in profitability, optimization of credit risk, group synergies, etc.
- Co-executed three mid-size acquisitions in Polish banking sector as well as several smaller transactions. Involved in post-merger integration, IT implementation, growth in distribution spread and depth, product roll-outs, etc.
- Co-created and thereafter played a vital role in the development and ongoing management of several financial intermediaries/distribution companies in Poland, including mortgage brokers, auto loans/auto leasing companies, cash loan brokers, consumer finance/installment loans distribution networks.
- Co-led and supervised consumer finance/mortgage related initiatives (distribution, products, etc.)
- Co-executed public offerings on Warsaw Stock Exchange.
- Executed direct owners' oversight over several group companies (including OOO Carcade Auto Leasing, Moscow Russia) especially from business, sales, finance and credit risk perspectives.
 | | Owner's oversight Retail bank in Poland | | | Owner's oversight Financial Advisor and Mortgage Broker | | | Owner's oversight Auto Leasing company based in Moscow, Russia | | | Owner's oversight Auto Loan and Mortgage Broker | | | Owner's oversight Mortgage and Cash Loan Broker | | | | | Chief Executive Officer Auto Leasing company acquired by GETIN Holding S.A. in 2003 | more info  | - Carried out detailed diagnostic overview of the business/operations and leasing market.
- Proposed new strategy aimed at rapid, sustainable (supported by organizational strength) increase of credit action and revenue generation potential from core and auxiliary products.
| |  | | Managing Director Mortgage Division of GETIN Bank S.A. | more info  | - Co-designed and co-created Dom Hipoteki - new entrant in residential mortgage market in Poland.
- Implemented innovative approach to sales and distribution network setting new trends with market-wide implications. Rolled-out network of over 20 branches within six months.
- Introduced profitable "niche" products (core and auxiliary) with outstanding market acceptance. Sales of PLN 1.2B within 12 months. Number six player in the market within six months.
- Co-created business processes, underwriting/credit/risk policies. Recruited top mortgage talent in Poland.
| | | | Chief Operating Officer & Chief Credit Officer Board Member General Electric Company, part of GE Consumer Finance | more info  | - Helped to develop and implement market and business strategies/tactics (sales, operations, underwriting, risk, servicing, collections).
- Reorganized and restructured operations and collections, improved processing quality, speed, and effectiveness/efficiency. Two times ranked #1 in Poland in mortgage application processing (Gazeta Wyborcza, Oct 15, 2003, Gazeta Wyborcza Mar 10, 2004).
| | Owner's Oversight Financial Advisor and Mortgage Broker | | | | | Senior Business Consultant, Treasury & Investment Banking Group Universal Banking Group based in Toronto, Ontario, Canada. | more info  | - Worked closely with Executive Management Team to evaluate and implement changes to strategy, operations and risk profile of business units within Treasury & Investment Banking Group.
- Lead planning and execution of integrated risk assessment and consulting engagements for Capital Markets, Global Foreign Exchange, Investment & Corporate Banking, Fixed Income, Institutional Equity, Commodity Derivatives, Securitization and Credit Investment Management Groups.
| | | Consultant Global Strategy Consulting firm. | more info  | - Took part in strategic re-organization of a major telecommunications incumbent in North America.
- Carried out detailed industry, market and valuation analysis as well as strategic and commercial due diligence for several Private Equity and industry clients (retail & commercial banking, financial services, sport events).
| | | Associate Global Strategy Consulting firm. | more info  | - Engaged in the privatization/strategic alliance project for a major European airline.
| | | Foreign Exchange Dealer - Financial Institutions Trading & Sales, Spot FX Desk Universal Banking Group based in Toronto, Ontario, Canada. | more info  | - Member of the team ranked 6th in the world in "Quality of Service" and 8th in the world in "Advice in Spot Trading Strategies" ("Euromoney", May 1998).
| | | MBA Master of Business Administration | | | CFA Chartered Financial Analyst | | | BA Bachelor of Arts in Economics, Finance & Accounting. Graduated with Honors. | | | Canadian Securities Course, Canadian Options Course, Canadian Futures Examination | | | Strategies in Commodity Derivatives |
| | As MBA student won the bake-off, led paid consulting project on Branding Strategy. | more info  | - London Business School - As MBA Student won Business Simulation Competition (Sponsored by McKinsey & Company).
- Bain & Company - Consultant Training.
- McKinsey & Company - Consultant Training.
- Royal Bank of Canada - Professional Dealer Training.
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