Apollo Real Estate Advisors to open local bank?

"The fund is considering opening a new bank from scratch, which would operate in the currently highest growing sector in Poland, which is retail," said a Puls Biznesu source from a London-based advisory company. The decision whether to go ahead with the move depends on the company's ability to attract the right personnel. It is currently in talks with Wojciech Sobieraj, former deputy head of Bank BPH and the man behind its success in the retail business, and Jacek Oblekowski, who left his post as deputy president of PKO BP this year after the bank recorded the best retail results in its history. According to unofficial information, the offer from Apollo Real Estate Advisors is the reason why Jacek Oblekowski has held off accepting offers from Getin Bank and Fortis Bank. (Puls Biznesu, p. 10) A.K.