December 30 (SeeNews) - Slovenian insurer Zavarovalnica Sava has appointed Jost Dolnicar chairman of its management board, parent company Sava Re [LJE:POSR] said on Thursday.
Dolnicar will take office on the next business day after obtaining a permit from the Insurance Supervision Agency for assuming the position of Zavarovalnica Sava board member, but not earlier than May 5, and his term of office will be five years, Sava Re said in a filing with the Ljubljana Stock Exchange.
Due to his appointment to the management board of Zavarovalnica Sava, Dolnicar will resign from the position of management board member of Sava Re.
Sava Re and its subsidiaries form the Sava Insurance Group, which operates in six countries in Southeastern Europe (SEE) - Slovenia, Croatia, Serbia, Montenegro, North Macedonia and Kosovo.
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