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David Zvak

Head of Restructuring in Corporate Bad Debt at Csob

Based in Czech Republic

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Seniority

Director

Department

Finance & Accounting

Location

Czech Republic

Industry

Banking

Company size

6.2K

Contact information

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Email

1 credit

d•••••••@csob.cz

Phone

5 credits

+420 ••• •••• ••••

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Background

About David Zvak

The question is not whether a crisis will come, but only when and what the spark will be. Those who are well prepared can come out as winners. Yet, compared to other countries, only a very small number of Czech entrepreneurs/companies are systematically preparing for a potential crisis, even though historic trends and current data could be pointing to a downturn. Make no mistake - whether you're a big corporate, an SME, family office, startup or freelancer, a crisis can impact you severely. Don't be lulled by the current record growth and employment figures. Enjoy the ride for now, but also take steps to actively mitigate your future. If you need a helping hand with preparation, don't hesitate to contact me. I am Restructuring manager with over 8Y experience in restructuring area (incl. Big4 company). Currently designated to lead team of 4 restructuring managers covering portfolio of distressed corporate clients (total loan portfolio >EUR 180mln) – including the most complex corporate files (specialized finance such as export, trade, real estate finance, syndications, etc.). Until now, personally involved on >35 projects (especially restructuring cases as well as formal reorganization during insolvency proceedings in various industries) Apart of restructuring area, I am interesting in Czech startup ecosystem - especially in new products, services and trends in healthcare and food industry. I also helped startups with business planning process, fundraising and financial management - e.g. as a mentor in ImpactHub Prague.

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