Mr. Peter Magala acts in the position of a member of the VUB Management Board and Executive Director of the Risk Management Division since 1st March 2012. Before his appointment to the position, Mr. Magala worked in the position Director of VUB Internal Audit and Control Department. Having graduated from the University of Economics in Bratislava, Faculty of National Economy, he started his career in company Deloitte & Touche, Bratislava. Peter Magala gained his further banking experience as Relationship Manager at the Financial Institutions department in Citibank, Bratislava where he was working during years 2002 – 2004. Since 2004 he continued in his banking career in Tatrabanka/Raiffeisen International mostly on the international IT project in Maribor (Slovenia) as Senior Business Analyst responsible for the accounting area. Mr. Magala started working for VUB in 2006. First as Head of Corporate Credit Control Sub-department within Internal Auditing Department then from 2007 as the Director of Internal Audit and Control Department having responsibility for internal auditing of the whole VUB Group. Peter Magala holds internationally recognized professional qualification in risk management – Financial Risk Manager (FRM), and he is a Fellow member of the Association of Chartered Certified Accountants (FCCA).