BUSINESS SHORTS

VÚB recruits former central bank vice-governor

ELENA Kohútiková, the former vice governor of the National Bank of Slovakia, is the newest member of the board of directors at VÚB, one of Slovakia's largest retail banks, as of October.

Kohútiková will lead the bank's financial and capital markets department. Bank spokeswoman Alena Walterová said that Kohútiková will also be responsible for tasks linked to the adoption of the euro in Slovakia. "The euro is a great challenge not only for the government and the business sector, but in particular for banks," said Kohútiková for the SITA news agency.

VÚB has been a member of the international bank group Gruppo Banca Intesa since 2001. In Slovakia it operates 207 retail branch offices, 32 offices for corporate clients, and 11 mortgage centres.

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