Changes in the composition of the Supervisory Board of NLB Bank AD Podgorica confirmed at the Shareholders' Meeting

At the regular session of the Shareholders' Assembly of NLB Banka AD Podgorica, changes in the composition of the Supervisory Board were confirmed, which reflect the Bank's strategic orientation towards the continuity of strong corporate management, diversity of professional perspectives and long-term sustainability.

 

In accordance with the applicable regulations and internal policies, the following were appointed to the Supervisory Board:

 

Boryana Ivanova Mustafa, who takes over as a member in place of Igor Matsura

Rade Bajić, in the role of an independent member, instead of Liliana Lapadatoni-Huluta

At the same time, the Assembly supported the extension of the mandate of members of the Supervisory Board whose new four-year mandates begin on January 1, 2026: Marjana Usenik, Uros Jerovšek and Gordana Đurović, whose new mandate begins on April 4, 2026.

 

The Supervisory Board of NLB Bank AD Podgorica in full composition, starting from 1.1.2026. year, make up:

 

Antonio Argir – president

Marjana Usenik – Deputy President

Boryana Ivanova Mustafa – member

Uroš Jerovšek – member

Branka Pavlović – independent member

Gordana Đurović – independent member

Rade Bajić – independent member.

 

 

Who are the two newly appointed members of the Supervisory Board?

 

Boryana Ivanova Mustafa is an experienced banking professional with extensive international experience in finance, capital management and strategic planning. She currently holds the position of Management Advisor and CFO Stream Coordinator at NLB d.d. Ljubljana, where she is responsible for the coordination of Group members in the area of ​​capital management, dividend payments and planning, as well as for the preparation of corporate governance rules at the Group level. Previously, she was the director of the Treasury and Payments Department at NLB Bank Sh.a in Prishtina, where she managed treasury operations, compliance with international standards and relations with international financial institutions. She started her career at ProCredit Bank jsc as an assistant in internal audit, and then she was the head of the international department at New Bank of Kosovo. Additionally, Boryana was an active member of various professional bodies, including the Banking Association of Kosovo and the Central Bank of Kosovo, and acted as a lecturer and trainer in the field of banking.

 

Rade Bajić is a financial expert with over twenty years of experience in the banking sector of Southeast Europe. During his career, he performed managerial functions in the field of finance and risk management, with significant results in strategic positioning, cost optimization, digital transformation and strengthening regulatory compliance. He was the Chief Financial and Risk Director at Addiko Bank AD Podgorica, where he led a team of 34 experts. Previously, he was the director of cost and investment control at Addiko Bank AD Belgrade, with responsibility for a team of controllers in six countries. He started his career at Hypo Alpe-Adria-Leasing in Belgrade. He particularly distinguished himself in leading the transformation of a universal bank into a specialized bank focused on the retail and SME segment, with emphasized digital and operational improvements. Since 2023, it has been developing private business projects and providing consultancy support in the field of financial and strategic management.

 

Through a combination of international and local professional experience in the fields of banking, economy, regulatory framework, risk management and strategic development, this composition of the Supervisory Board represents a strong framework for further stable growth and improvement of the Bank's operations.

 

NLB Banka AD Podgorica remains committed to the principles of transparency, accountability and professional integrity, continuing to develop corporate practices that support sustainable value for clients, employees, shareholders and the community as a whole.

 

 

 

*** All the mentioned changes enter into force on the condition that the Central Bank of Montenegro issues approval for their mandate.