DSK BANK REPLACED THE SUPERVISORY BOARD OF RODINA
The Supervisory Board of the Savings-Cooperative Pension Insurance Company Rodina was replaced at its general meeting, which ended on February 26. This happened a week after DSK Bank signed with the Bulgarian-American Credit Bank (BACB) a contract for the purchase of 37% of Rodina's shares. The deal was approved by BNB's Bank Supervision department and DSK Bank became the owner of 95.5% of the pension insurance company's capital. Rodina's shareholders appointed to its Supervisory Board Radka Ganeva, who heads DSK Bank's Strategic Planning department. Ms. Ganeva will replace Frank Bauer, who represented BACB in the management body.Rodina's Supervisory Board is chaired by Krassimir Angarski, head of DSK Bank's Management Board and its CEO. Violina Marinova, Executive Director of DSK Bank, is Deputy Chairman of the Board. Rodina's Supervisory Board relieved the company's CEO Dimiter Vuchev (who was BACB's representative) from his duties. His position will remain vacant until the privatisation of DSK Bank is completed. Till then Rodina will be managed by the Executive Director Lyudmila Vekova.