Vladimir Medan assumes duties of chairman of Komercijalna Banka Executive Board

(Vladimir Medan) In line with the decision on the appointment by the Managing Board and with previous consent by the National Bank of Serbia, Vladimir Medan assumed the duties of the chairman of the Executive Board of Komercijalna Banka on Monday, April 2, as announced by this financial institution.

– Komercijalna Banka has been the leader in the Serbian financial market in the amount of foreign exchange savings for years, with over EUR 1.6 billion. The bank is characterized by above-average solvency and capitalization and is the second most successful bank in the local market in balance sheet assets, holding round 12% of the Serbian banking market – it is said.

Vladimir Medan is an economist by profession. He is the former head of Erste Bank and Basler Insurance in Serbia, and he arrives to Komercijalna Banka from the Deposit Insurance Agency, where he was member of the board of directors until recently.

NLB Komercijalna banka AD Beograd

Narodna banka Srbije Beograd

Vladimir Medan

new chairman of Komercijalna Banka Executive Board