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Changes to the PBZ Management Board

Zagreb, October 13, 2017.– Intesa Sanpaolo announces that the long-time President Mr. Božo Prka, has decided to leave PBZ upon expiration of his current mandate on February 10, 2018  for personal reasons. The Supervisory Board accepted his decision and thanked Mr. Prka for his long-standing successful management and personal contribution to the growth and development of the Bank and the whole PBZ Group.
Accordingly, the Supervisory Board has proposed Mr. Dinko Lucić as the candidate to take over the presidency of the Management Board, subject to Croatian National Bank’s consent. Mr. Lucić is a long-time member of the PBZ Management Board and was also a member of the VÚB Banka Management Board in Slovakia.
Mr. Prka was appointed President of the PBZ Management Board in early 1998.
Ignacio Jaquotot, Head of the International Subsidiary Banks Division of Intesa Sanpaolo, commented: “During Mr. Prka’s twenty years of management, the Bank has been privatized and completely transformed into a modern and innovative financial institution that has become the market and technological leader in various segments of the banking business. Once again I would like to personally thank Mr. Prka for his valuable contributions over the years and wish him all the best for the future.”
PBZ continues to be at the forefront of the Croatian banking scene. It is a highly liquid and capitalized Bank with a base of over 1.6 million customers. 
Today PBZ is a centre of excellence for many areas of banking operations within the Intesa Sanpaolo Group and has recently become a regional hub, taking over subsidiaries in Bosnia and Herzegovina and Slovenia as part of a corporate restructuring within the Group. 
Mr. Prka stated: “After a very intensive and long period of time spent at the head of the PBZ Management Board, I have decided to leave the Bank not with the intention of taking on other duties, but solely motivated by my own desire to dedicate more time to my family and private matters.”