Macedonia's Ohridska Banka Board Chairman To Retire

Ohridska Banka's Supervisory Board has proposed that Jitka Pantuckova, a member of the Executive Board at Czech Komercni bank, also part of Societe Generale, replace Koenig, Ohridska said in a statement to the Macedonian Stock Exchange, where it is listed.

The appointment of Pantuckova should be approved by the National Bank of Macedonia. If the central bank gives the go-ahead, Pantuckova will assume her new position on January 1, 2010.

Koenig took the chairman job at Ohridska Banka in May 2007.

French banking group Societe Generale owns 58.82% of Ohridska Banka (www.ob.com.mk).