The company notes that the reason of the resignation is purely personal.

Yesterday, Zagrebačka Banka (ZABA) published an announcement on the Zagreb Stock Exchange stating that the CEO, Miljenko Živaljić, resigned on 20 January. The company notes that the reason of the resignation is purely personal. The mentioned resignation became effective as of yesterday.

ZABA’s Supervisory Board has proposed Romeo Collina, the current Supervisory Board member, as an interim CEO.

It is worth noting that such news was reflected in yesterday’s trading, as ZABA’s share price decreased by 1.49%, closing at HRK 66.0 per share.