We inform you of a change in the shareholding structure and in the management team of Triglav Reinsurance Company (rated "A" by S&P / negative outlook).
The major shareholder of Triglav Re, i.e. Triglav Insurance Company, with 91% of the shares, had decided to use the right to buy-out the remaining shares. Following the decision with the meeting of the Triglav Re General Assembly on 18. 4. 2012, formalities are now being carried out for an entry into the Companies Register that are expected to be finalized within the month of May.
At the meeting of the Supervisory Board held on 18.04.2012, Mr. Gregor Stražar (MBA) was appointed the President of the Board of Management of Triglav Re, with a 5 year term.
The term of Mr. Gojko Kavčič as the President of the Board of Management, was terminated on 18.04.2012.