Dražen Pandža appointed Director of Aluminij d.d. Mostar for a four-year mandate

Aluminij Mostar

After the tender procedure has been conducted, at today's session of the Supervisory Board of the Company, Drazen Pandža, the former Acting Director, was appointed Director of Aluminij d.d. Mostar in the next four-year mandate. On Pandža's proposal, two other members of the Management Board were appointed, including Boris Vican as Executive Director for Technical Affairs and Development, and Ivan Čale as Executive Director for Economic and Financial Affairs. The fourth member of the Management Board or Executive Director for Legal and Personnel Affairs will be appointed afterwards.

Members of the Supervisory Board of the Company, who, prior to today's appointment of the Director and two of his colleagues in the new Board of Directors, conducted inteviews with a total of five candidates who applied for the position, Pandža was selected as the most competent to overcome the crisis which the Company faces.

Otherwise, Drazen Pandža (born in 1974) came to Aluminij in September 2016 from the financial sector, where he had gained an enviable experience in managing the human and material resources of the organizational unit he had run, especially on budget planning and implementation, and overseeing the profitability of organizational units. Aluminij employed him as Executive Director for Economic and Financial Affairs, and in June 2018 he was appointed as Acting Director of the Company.

Boris Vican (born 1976), as a long-time Aluminij’s employee, he also took over the position of Executive Director for Technical Affairs and Development in September 2016, from the position of Director of Electrolysis Plant. He is an engineer of mechanical engineering and in the process of preparing a doctorate in the profession. Ivan Čale (born in 1979), B.Sc. economist, current Executive Director for Economic and Financial Affairs of Aluminij came from the position of Director of Financial Affairs Department of the Company. He has been at this position for the last five years.

The Company's management expects a demanding job of extensive restructuring and consolidation of the company, both financially and in an organizational sense, and in the first place, the obligations to carry out the debts put before them by the Shareholders Assembly, according to the latest audit report (KPMG International House).

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