Andreas Down to lead TBI Bank’s digital transformation

TBI Bank chose German IT expert Andreas Down to manage its digital transformation 

and lead its strategic plan to become a next generation digital lender. From the position of Chief Information Officer (CIO), Andreas Down will execute TBI Bank’s digital Strategy, which he developed together with the best international minds in finance and technology. “Customers want to control their financial needs at any time and on any device, while the use of big data changed the way we understand and predict their behavior. Digital transformation will help TBI Bank earn the right to be on its customers devices. I am thrilled by the opportunity to lead this process”, Andreas Down shared.

Prior to his appointment, Andreas Down was the CIO and Board Member of Fidor – one of the world’s most innovative digital-only FinTech Banks. He was the head of the entire data center operations, application development and internal IT group landscape and led the team that developed numerous innovative concepts. He has also worked for well-known banks and financial services’ companies, such as Unicredit, Direkt Anlage Bank, HypoVereinsbank, Probank, Direkt Anlage Bank and other. Andreas is married with four children and huge fan of motorcycles, fast cars and football.

“With his FinTech know-how and IT banking experience, Andreas will lead us to our prime goal – to become a next generation digital lender. We develop new customer centric systems and online product lines, together with the world’s top FinTech advisors 11:FS and experts from 4Finance Group. We want to create a culture of continuous digital improvement in a transparent and regulated environment, because it is our belief, that everyone should be able to enjoy a healthy financial life.”, Petr Baron, Managing Director of TBIF Financial services (Netherlands), the holding company of TBI Bank, stated.

Currently the bank places a strong focus on attracting the best international and local talents and innovation experts. TBI Bank is challenging the established view of banking and plans to engage customers across Europe through an online-based journey, thus improving the financial lives of those underserved by their existing banks or those who prefer digital services.