The Slovenia Times

SSH to get chairman, debate NLB sale

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Previously serving on the supervisory board, Glavina has been in charge of the custodian of state assets since mid-July.

This was after Marko Jazbec stepped down as chairman in the wake of controversy over the SSH's failed attempt to replace the supervisory board at port operator Luka Koper.

In October, the SSH management board lost another member as Anja Strojin Štampar agreed to leave after weeks of speculation about her imminent dismissal over internal disagreements.

As a result, the SSH management now only comprises Glavina as chairman and Nada Drobne Popovič.

The selection of a substitute board member is on the agenda of today's session of the supervisory board, but it is not certain whether the appointment would in fact be made.

The supervisors are also expected to get briefed on progress in the privatisation of the NLB bank.

After speculation that the process may be delayed, the government said it would go ahead in accordance with the commitment made to Brussels that the bank would be sold by the end of 2017.

Thus activities to sell a 75% stake in the country's largest bank through an initial public offering are expected to be stepped up after NLB is due to release in early March its operating results for last year.

In cooperation with Deutsche Bank as financial advisor in the sale, the SSH will publish a prospectus and stage roadshows in global financial capitals.

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