Jakub Savara confirmed as Chief Banking Officer at Multitude Bank

Multitude Bank plc has announced that Jakub Savara’s appointment as Chief Banking Officer has received regulatory approval from the Malta Financial Services Authority.

His appointment was first announced in April in a slew of changes to the bank’s senior management team. These included Sara Codreanu as Chief Investment Officer and Alex Rose as Chief Operations Officer.

Mr Savara will take over CBO responsibilities from Dario Azzopardi, who had held the role since 2023. Mr Azzopardi retained the Deputy CEO role.

Mr Savara has been with Multitude Bank for over 10 years. In that time, he served in a number of senior positions, including responsibility for payments and anti-financial crime operations and acting as Deputy Head of Bank Operations.

Most recently, he served as Back Office and Middle Office Lead.

Mr Savara holds a bachelor’s degree in Business Activities in Foreign Trade and a Master’s degree in International Trade from the University of Economics in Bratislava.

Multitude Bank plc is a subsidiary of Multitude AG, the international financial group formerly known as Ferratum. The group rebranded under the Multitude name in 2022 as part of a wider restructuring.

The Malta-licensed credit institution operates a digital-first lending model focused on consumer and corporate credit across multiple European markets.

It reported a €22.8 million profit for 2025, with core activity remaining the origination of consumer lending products distributed through an online platform, alongside corporate lending through a relationship-driven and multi-channel model.

During 2025, it provided services across a wide footprint, including Estonia, Latvia, Germany, Sweden, Poland, and several other European jurisdictions.