The Slovenia Times

Slovenian Sovereign Holding chairman Gabrijel Škof resigns


Škof took over as SSH chairman on 1 October 2019, replacing Kržan, who was in charge temporarily following the resignation of chairwoman Lidija Glavina.

In a statement Škof said that he was leaving SSH in a stable condition, showing good results and having met all the management goals.

"I believe that under Igor Kržan, the management will continue the work it set out to do, and that the institution has a good professional foundation for further development and successful management."

He also said that for the SSH to do its job, in addition to changes to the compensation fund act, additional funding sources will have to be found for the SSH to operate and pay out compensation in line with various laws.

The supervisory board thanked Škof for his work, with a statement from the SSH saying that under his lead, the work processes had been optimised and the holding reorganised so as to better focus on strategic goals.

Kržan, who will join the three-member management board, will stay on for up to a year, until a new chairperson is appointed. His supervisor position has been suspended.

Apart from Kržan and Škof, previous SSH heads include Matej Pirc, Marko Jazbec and Glavina. The letter four had all been appointed for full four-year terms, but none stayed on as long.

Last year, the SSH generated EUR 2.2 million in pre-tax profit and EUR 16.6 million in net loss. Business estimates show that net return on state-owned and SSH-owned portfolio reached 6.8%, exceeding the goal of 6.2%.

Meanwhile, the terms of two supervisory board members, Duško Kos and Damjan Belič, will expire in mid-July. The Finance Ministry is already looking for new candidates, who are appointed by parliament. Unofficially, Finance Minister Andrej Šircelj is to nominate tax consultant Ivan Simič and businessman Andrej Prebil.


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