The Slovenia Times

NLB supervisors expect CEO appointment in July, privatisation in autumn

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While noting a continuation of positive trends for the country's biggest bank, the board also got familiar with developments regarding appointments to the supervisory and management boards.

It expects an assembly will be called soon at which the Slovenian Sovereign Holding (SSH) will appoint a full supervisory board after three resignations in April left it with only six members.

Also planned as soon as possible is a session at which supervisors are to pick a CEO and another board member.

Unofficially, the favourites are Blaž Brodnjak, who took over as acting CEO after Janko Medja stepped down in February, and someone from Hungary for the post of the manager responsible for operative affairs.

The supervisors also got familiar with the planned sale of NLB, praising the "excellent work of expert services and the fruitful cooperation of the owner, of the bank and financial advisers" in the process of privatisation that is expected to start in the autumn.

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