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Largest Slovak bank gets new president

Dušan Jurčak was elected president and chairman of the board of directors of Slovakia's largest commercial bank, Slovenská Sporiteľňa (SLSP-Slovak Savings Bank), based in Banska Bystrica, on November 27. He was elected at a meeting of the board of directors.

Jurčak replaced chief executive officer Ivan Kino, who resigned for health reasons on November 25.

A special shareholders' meeting on November 26 replaced members of the SLSP supervisory board. New members of the supervisory board are: Ladislav Sklenar, vice president of the National Property Fund (FNM-national privatization agency) Presidium; FNM executive committee member Peter Hunor; Juraj Renčko from the Prognostic Institute of the Slovak Academy of Sciences (SAV); Vladimír Stanovič from the Finance Ministry; Jozef Medved from Matej Bel University in Banská Bystrica; and lawyer Zoltan Hajos. The supervisory board has nine members while three current members, elected by SLSP employees, remained at their posts.

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