NLB Names Medja CEO as Slovenian Bank Struggles With Bad Loans
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Nova Ljubljanska Banka d.d. named Janko Medja as chief executive officer of Slovenia’s biggest bank, which is struggling with increased bad loans as the economy slides into recession.
Medja has been a member of the supervisory board of the Ljubljana-based bank since June, board member Stephan Wilcke told reporters today. Before joining NLB, Medja was responsible for corporate banking at UniCredit SpA’s unit in Slovenia. He replaces Bozo Jasovic, who stepped down in December because of a failed attempt to sell the holding in Mercator Poslovni Sistem d.d. to its Croatian rival Agrokor d.d.