Bank of China Serbian unit appoints former c-bank governor as board member

Bank of China Serbian unit appoints former c-bank governor as board member Source: Serbian Anti-Corruption Council

BELGRADE (Serbia), January 11 (SeeNews) - Bank of China has appointed the former governor of Serbia's central bank, Dejan Soskic, as management board member of its Serbian unit, central bank data showed.

The Chinese bank also named former Serbian economy minister Zeljko Sertic as management board member and appointed Slavisa Aleksic, former manager at Findomestic Banka and Astra Banka, as executive board member, the central bank, NBS, said on its website.

Soskic was named governor of NBS in August 2010 and resigned in July 2012 over amendments to the central bank law which, in his opinion, impinged on its independence. He was replaced by the incumbent governor of NBS, Jorgovanka Tabakovic.

Sertic, in turn, was economy minister in the first government of prime minister Aleksandar Vucic, between September 2014 and August 2016. In 2013, Sertic was named president of the Serbian Chamber of Commerce, a position he held until 2014 when he was replaced by Marko Cadez.

In November, Serbia's central bank granted a preliminary approval for the incorporation of a Serbian subsidiary of Bank of China. The bank plans to manage its business in the regions of Western Europe, Eastern Europe and the Balkans through the Serbian subsidiary, NBS said.

Serbian prime minister Aleksandar Vucic said earlier in November that Bank of China will start activities in the country on January 20 and that its Serbian subsidiary will be active in Greece, Romania, Bulgaria, Albania and all countries of the former Yugoslavia.

5 / 5 free articles left this month
Get more for free. Sign up for Basic subscription
Get full access. Upgrade to Premium subscription