Báča, who studied management and economics at Masaryk University in Brno and banking at the Institute of Finance and Administration in Prague, has worked at Citibank since 2005. He previously worked at HVB Bank and Komerční banka.

Pitín, a graduate of the University of Economics in Prague, has been working at Česká spořitelna since 1993. Since 2004, Pitín has worked as a supervisory board member at Česká spořitelna's building society, Stavební spořitelna České spořitelny.

In late 2006, information technology company S&T Services assigned Tomáš Sýkora to work as the manager for integration responsible for merging the Grall company into S&T. The acquisition, which will increase the holding's annual revenue to some 1 billion Kč ($48.2 million), was one of the most significant in the Czech Republic last year. Sýkora has celebrated managerial success in the past and helped launch renowned IT school Gopas in the early 1990s. Before joining S&T Services, he developed personnel policies at the IT company truconneXion.

Luděk Šmída has stepped into the role of "Mr. Porsche" for the Czech Republic. Šmída was named brand manager for Porsche cars by Porsche Inter Auto CZ, which imports Porsche and other car brands, including Audi and Volkswagen. Šmída, who studied electrical engineering at the Czech Technical University in Prague, joined Porsche Inter Auto CZ last fall.