Joseph Wancer

Joseph Wancer

Joseph Wancer, a citizen of Poland and the USA, began his career in banking in 1966 in Citibank of New York, where he worked for almost 25 years. He served as Vice President and held managerial positions in New York and at the bank’s branches in Japan, Austria, Great Britain and France.

Before coming to Poland, Joseph Wancer was an entrepreneur and worked for Citibank London as a consultant responsible for organizing and establishing Citi’s Representative Office in Warsaw. He was a co-founder of Citibank in Poland.

In Poland he began his career in 1991 as an adviser to the European Bank for Reconstruction and Development in London and was mandated by the Polish-American Enterprise Fund to establish a new (agriculture) bank - Bank Rolno-Przemysłowy, which was later acquired by Rabobank Polska.

In the years 1993-1995 Wancer was Managing Director of Legler Polonia, an Italian textile manufacturing plant in Łódź.

He was appointed by the Minister of Finance as member of the Supervisory Board of Powszechny Bank Kredytowy, one of nine regional banks created from the structures of the National Bank of Poland. During 1995-2000 he was the President of Raiffeisen Centrobank in Warsaw, which he changed from a solely commercial bank with no branch network and a staff of 100 into a broader bank with retail banking, 700 employees, and a wide network of branches.

In March 2000 he became the President and CEO of the Management Board at Bank Przemysłowo-Handlowy in Kraków and remained in this position until 2010. He was responsible for strategies, integration, communication and internal audit. He oversaw a number of projects including integrating BPH with the culture of its strategic shareholder, the HVB Bank, prepared a merger with PBK and then managed the merger itself. This merger (both banks were listed at the time) was acclaimed by the financial market as the most successful in the Polish banking sector and Bank BPH received many awards for its execution.

During 2002-2007 he managed post-merger growth. Within these 6 years, BPH increased its net profits from circa PLN 320 mln to PLN 1.2 bln.

After the split in November 2007, Bank BPH, under the leadership of Wancer began to reconstruct its business and upon merging with GE Money Bank at the end of 2009 again became one of the top ten banks in Poland.

During 2010 - 2013 he was an Advisor to the Management Board at Deloitte, Poland.

In September 2013 he was elected President of the Management Board of Bank BGŻ.

Since 2008 Joseph has sat on the Board of Directors of the American Chamber of Commerce in Poland, in the years 2010-2014 he was a Chairman.