Ondrej Kubik, Chief Executive Officer, Home Credit India

by Priya Jadhav

“Our optimism is anchored in the expectation that the government will continue to exercise fiscal prudence. Amidst looming global economic uncertainties due to inflationary conditions and geopolitical conflicts, a well-balanced Budget, coupled with judicious fiscal policies, is imperative to sustain the nation's growth momentum and ensure a robust and sustainable economic future. 

We foresee significant impacts from government initiatives aimed at strengthening the manufacturing sector and boosting capital expenditure, which will positively influence India's economic growth trajectory.

From industry point of view, our expectations would be the support from government to take relevant steps towards enhancing liquidity-enhancement measures for NBFCs. 

We hope the Budget will continue to provide consumer-friendly and simplified policies, alongside accelerating digital infrastructure and other framework measures, to further the ongoing transformation in the financial sector. Overall, we are optimistic that this Budget will strike the right balance between growth and fiscal responsibility, fostering a robust, inclusive, and technologically advanced economy.” Ondrej Kubik, Chief Executive Officer, Home Credit India

About CEO Ondrej Kubik:Ondrej Kubik became the CEO of Home Credit India in July 2018, however, his journey with Home Credit Group began in February 2008. He has years of rich and diverse experience in financial controlling, performance management and financial consultancy as well as in business intelligence. Prior to joining Home Credit, he held various positions in finance industry, both at commercial banks and investment traders. His career spans from accounting and financial consultancy to top executive positions across Home Credit’s countries. Over the last 14 years, he has been in various strategic roles within Home Credit Group. He was the Country CEO in Kazakhstan (a role he held since September 2014-18) before joining Home Credit India, Chief Financial Officer in two of the Group’s countries – in Kazakhstan (2010 - 2012) and later in Belarus (2012 - 2014). In Belarus, Ondrej also served as Acting CEO for a period of time. Ondrej graduated from the University of Economics in Prague with a master’s degree in finance and Commercial Law and has a Diploma from the CFO Academy in London. He has been an ACCA Member since 2002 and a Chartered Financial Analyst since 2006.

About Home Credit India:Home Credit India Finance Pvt. Ltd. is a local arm of the international consumer finance provider Home Credit N.V. with operations spanning Europe and Asia. The company is committed to drive credit penetration and financial inclusion in India by offering wide financial solutions that are simple, transparent, and accessible to all. Home Credit India has an employee base of 3,800 and has been consistently expanding operations since its entry to the market in 2012, with its operations spread over 625 cities across India. The company has a strong network of over 50,000 points-of-sale (PoS) and is growing with a customer base of more than 16 million customers, driven by Pan-India expansion across major markets, a range of diversified and innovative products backed by superior customer experience.