Dec 1, 2016

The founding principle of all the activities of Zdenek and Michaela Bakala is, truly, the courage, which must, according to their belief, always go hand in hand with responsibility.
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Zdenek Bakala

Founder

Zdenĕk Bakala is a Czech-born businessman, investor and philanthropist. He started his business career in 1989 at Drexel Burnham Lambert investment bank in New York, and then moved to Bank of America. In 1994, Bakala founded Patria Finance, the Czech Republic’s very first private investment banking group. In 2004, he was one of the founders of the group Bakala Crossroads – BXR, a diversified investment group with a global portfolio of assets.  In the same year, this group acquired OKD – a major Czech hard coal mining company, now part of New World Resources. In 2013, Zdeněk Bakala and his wife Michaela founded BM Management, a Prague based company to  manage their family’s assets in the Czech Republic.

He is also very active in philanthropy. Zdeněk Bakala’s contributions have always gravitated towards cultural or intellectual development and human rights. In 2007, he founded the Zdeněk Bakala Foundation, which provides scholarships at prestigious universities abroad to talented Czech students. He also supports the Václav Havel Library as a centre for the documentation and research of modern Czech history, with an emphasis on promoting the ideas and works of former Czech president Václav Havel. He initiated the opening of the CEE affiliate of the Aspen Institute, an educational and policy studies nonprofit organisation. Zdeněk Bakala is a member of the Board of Trustees of the Desing Museum in London and also a partner of DOX –  the Centre for Contemporary Art in Prague. He is also a member of the Board of Overseers and a member of the European Advisory Board at the Tuck School of Business.     Zdeněk Bakala is also active in the field of media – he owns Czech publishing house Economia. He earned his MBA degree at the Amos Tuck School of Business Administration at Dartmouth College. 

Zdeněk Bakala is married to Michaela Bakala, with whom he has four children.

 

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