Pozavarovalnica Sava dd : Recall of the chairman of the management board
August 23, 2016 at 06:30 am EDT
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Pursuant to Ljubljana Stock Exchange Rules, the Sava Reinsurance company (Pozavarovalnica Sava, d.d.) hereby publishes the following notice:
In its extraordinary session on 22 August 2016, the supervisory board of Sava Reinsurance Company recalled Zvonko Ivanušič from the position of both chairman and member of the Company's management board as of 23 August 2016.
The supervisory board appointed management board member Jošt Dolničar as temporary chairman of the management board as of 23 August 2016, and adopted a decision by which the management board is composed of three members effective 23 August 2016.
The supervisory board will immediately begin the process of selecting of a new chairman of the management board with a regular term of office.'
This notice will also be published at the company's web page at www.sava-re.si as from 23 August 2016 for the period of at least 5 years.
Pozavarovalnica Sava d.d. published this content on 23 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 August 2016 10:29:04 UTC.
Original documenthttp://www.sava-re.si/en/media-centre/news/1438/recall-of-the-chairman-of-the-management-board/
Public permalinkhttp://www.publicnow.com/view/DED25EFF60A707C7000733F1DC484471170ADF3E
Pozavarovalnica Sava dd (or Sava Reinsurance Plc), also known as Sava Re dd, is a Slovenia-based reinsurance undertaking. It operates as a parent company of Sava Re Group, which comprises direct insurance and pension undertakings. The Companyâs activities are divided into four segments: Reinsurance operations, Non-life insurance operations, Life insurance operations and Other business segment. The Reinsurance operations segment comprises treaty and facultative arrangements for intra-group clients and insurance and reinsurance partners worldwide. The Non-life insurance operations segment supports local markets with non-life insurance products and customer oriented services. The Life insurance operations segment is focused on life protection and saving products, including pension schemes. The Other business segment comprises operations of the Companyâs non-insurance subsidiaries. Sava Re Group operates through subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Montenegro and Kosovo.
POZAVAROVALNICA SAVA, D.D. 
