The bank said that targeted clients are entrepreneurs and their families, managers of companies, high-net-worth individuals, leading law and tax advisory firm’s partners, popular athletes and artists as well as institutional clients.
The new branch will be headed by Tomas Koncicku. Previously, he held the position of director at the Czech branch of Deutsche Bank Osterreich AG (formerly Sal. Oppenheim), which he set up in 2005.
Koncicky said the goal is to win at least 100 clients for private banking business within two years.
Bank Gutmann partner responsible for CEE activities Gordian Gudenus said the Czech Republic is a promising market for Bank Gutmann. A growing number of clients from this region are placing their trust in the bank. The bank successfully served Czech clients from Vienna for years. With the new branch in Prague, the bank is now closer to them.
Headquartered in Vienna, Bank Gutmann has operative offices in Hungary and Romania. It manages assets of clients from Central and Eastern Europe, Germany and Latin America.
