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The Supervisory Board appointed Gregor Rovanšek as President of the Management Board of Sava d.d.

At the meeting held on 15 January 2016, the Supervisory Board of Sava d.d. dealt with and approved of the proposal by President of the Management Board of Sava d.d., Aleš Aberšek, for a consensual termination of his term of office as President of the Management Board as well as employment relationship effective on 15 March 2016.

For a new President with a term of office running from 15 March 2016, the Supervisory Board appointed the present member of the Supervisory Board – employee representative, Gregor Rovanšek, who, as already mentioned, will begin to carry out the function of President of the Management Board on 15 March 2016.  Gregor Rovanšek, born in 1981, is an economist who finished his MBA studies in business administration and organisation with distinction. He is a certified internal auditor and guest expert at the Faculty of Economics and Business in Maribor at the Department for Accounting and Auditing. As the head of the professional service Controlling at Sava d.d., he was involved in the preparation of a platform for restructuring the Sava Group and the formulation of the long-term development strategy. Before that, he dealt with establishing a uniform central management information system and modernised the internal control system at the Sava Group. In the compulsory settlement proceedings for Sava d.d., he provided his professional support to the team preparing a compulsory settlement proposal,  and especially all the relevant and up-to-date information and analyses about the Group’s assets condition and significant business events.  Recently, he has also been leading a team for introduction of USALI standards (Uniform System of Accounts for the Lodging Industry), as a uniform accounting system for performance monitoring in the hospitality industry, in Sava Turizem d.d., Hoteli Bernardin, d.d. and Istrabenz Turizem, d.d.  Furthermore, Rovanšek is a member of the Supervisory Board of Gorenjska banka, d.d., and the chairman of the audit commission at Gorenjska banka d.d.

As a Supervisory Board member of Sava d.d., he has monitored the restructuring process at the Sava Group and the compulsory settlement proceedings for Sava d.d. also from a supervising position, meaning that he is already entirely familiar with all the details of this demanding restructuring process as well as the tourism consolidation strategy. After taking up his term of office, his primary goal will be to make – in cooperation with his associates – a contribution to a successful finalization of compulsory settlement proceedings and to establish a foundation for implementing the financial restructuring plan.

As far as financial and business restructuring process is concerned, the Supervisory Board also expects from the largest creditors of Sava d.d. to perform their corresponding role in the context of directing the future activities of the company. 

Sava d.d.
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