Managing Director, Heta Asset Resolution AG, Austria
Martin is a Managing Director at Heta Asset Resolution AG from Austria (Heta) since July 2015. Heta is the bad bank containing the assets of former Hypo-Alpe-Adria Bank. At Heta Martin is responsible for loan work out and loan sales in several of Heta’s countries of operations, including Serbia and Montenegro.
Previously Martin also served as a Deputy Chairman of the Executive Board and Chief Risk Officer of Hypo-Alpe-Adria Bank Belgrade (today Addiko Bank), respectively for all Hypo operations in Serbia, until the bank was sold successfully to the private equity fund Advent in 2015.
Before joining Heta/Hypo group Martin had several senior functions at Unicredit SPA and UniCredit Bank Austria, where he had started out his career in banking as a trainee in the corporate clients’ segments in Vienna.
For UniCredit Group he also worked in Bosnia and Herzegovina as Transformation and Integration Manager, in Austria in the EMEEA Project and Leveraged Finance Department, in Kazakhstan as Head of Corporate Clients Risk Management. Eventually, he assumed the position as Group Senior Risk Manager for Oil&Gas, Chemicals and Pharma sectors and a member of the Unicredit Group Credit Committee.
During his assignment in Kazakhstan and especially at Hypo/Heta Martin gained extensive experience in the management and value preserving reduction of NPLs. Martin also contributed to several breakthrough NPL transactions in the region and particularly in Serbia.
Martin is a German National and graduated from the Technical University of Karlsruhe, Germany in Industrial Engineering and Management. As an exchange student, he also spent two semesters in Maribor, Slovenia. He fluently speaks Serbian and has passive knowledge of Russian and Slovenian. Martin is married and has a son and a daughter.