NLB Bank extended the mandate of the members of the Board of Directors

At the session of the Supervisory Board of NLB Bank AD Podgorica, held on August 8, 2025, a decision was made to extend the mandate of the Chairman of the Board of Directors, Martin Leberle, as well as the members of the Board of Directors, Lana Đurasović and Dražen Vujošević, for another four years. Martin Leberle and Dražen Vujošević were appointed for the mandate period from January 1, 2026 to December 31, 2029, while the mandate of Lana Đurasović lasts from June 3, 2026 to June 2, 2030. All mandates enter into force after obtaining the consent of the Central Bank of Montenegro.

This decision reflects confidence in the previous management, which in the previous mandate demonstrated exceptional managerial capacities, strategic consistency and a visionary approach in leading the comprehensive transformation of the Bank. Under their leadership, NLB Bank strengthened its leadership position in previous years, modernized key business processes and laid solid foundations for further sustainable growth.

The focus of the transformation was a strong digital agenda - including accelerated development of digital channels such as mobile and electronic banking, automation of credit processes, improvement of user experience through digital services, and optimization of payment infrastructure. These initiatives resulted in increased efficiency, faster and simpler service for clients, as well as strengthening of the Bank's competitive position on the market.

"At NLB Bank Podgorica, a transformation process is underway that goes beyond technology itself and is based on a clear vision, consistency and strong leadership." The Board of Directors played a key role in leading this process, realizing strategic achievements by expanding digital and mobile banking, automating credit processes and improving payment services, while incorporating the principles of sustainability into the very core of business. The re-appointment of Martin Leberle, Lana Đurasović and Dražen Vujošević is a confirmation of these achievements and achieved goals, which require continuous support and trust in their ability to continue leading the Bank towards further development,' said Antonio Argir, president of the Supervisory Board of NLB Banka, Podgorica.

"Achieved results lay a solid foundation for growth and long-term development. We are convinced that the Board of Directors will continue to lead the Bank with a clear purpose, encouraging innovation and creating lasting value for both clients, employees and owners, now that we are entering a key phase of transformation in which we are redefining the culture, approach to clients and our business model by which we become a distinctly digital and agile institution," added Argir.

Extending the mandate represents a key step towards preserving continuity in the implementation of the Bank's strategic initiatives, ensuring stability, direction and commitment in the further transformation process. In its next four-year mandate, the Board of Directors will continue to actively contribute to the Bank's development through strategic leadership, monitoring the implementation of key projects and supporting the realization of corporate goals that are in line with the ambitious NLB Group Strategy 2030 - New Horizons.

NLB Bank remains consistent in its mission to provide a modern, reliable and responsible banking experience, strengthening the economic and social development of the community to which it belongs.

Members of the Management Board of NLB Bank