01.04.08
Consultants from London Business School (LBS) started to work on strategic projects of the VAB Group


Students of the LBS Executive MBA program started to work on the VAB strategic projects: the strategy for launch of the VAB Titan mutual fund with optimal utilization of all possible sales channels and the development of a single call centre for all companies of the VAB Group.

Five experts substantially experienced in financial modelling, restructuring, corporate finance, audit, accounting, M&A will work in Mutual Fund group. The Call Centre group consists of three consultants who have extensive experience in solving complex organizational problems in financial services, software development, development and testing cycles, and in service provider management through the whole project.

As Peter Baron, the VAB CEO, put it, the cooperation between the VAB Group and the London Business School is very important and interesting for both parties. He said the VAB Group is a unique financial institution on the Ukrainian market which incorporates all principal businesses of financial sector and, therefore, the Group’s further development will be based on innovative know-how. “One such innovative approach – creation of the single VAB Group call centre – is proposed to the LBS students. Also, in the near future, we will launch several mutual funds. London Business School is the best business school not only in Europe, but also in the whole world. The highly experienced LBS students will help us to make our funds highly profitable and popular among the clients” – said Peter Baron. 



Reference data

VAB Group was found by Ukrainian and western shareholders of All Ukrainian Joint Stock Bank in October 2006. It consists of nine companies covering all segments of financial market, i.e. VAB Bank, VAB Insurance Company, VAB Life insurance company, VAB Leasing Company, VAB Pension — administrator of pension funds, VAB Express — consumer-crediting company, VAB Re — Reinsurance Company, VAB Assets Management Company and VAB Capital Investment Company.


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