Annual Report - VÚB banka

Statement on Compliance with the Corporate Governance Code
128
The governing bodies of Všeobecná úverová banka,
a.s. committed to enhance the general level of
corporate governance and, upon recommendations
raised by the Financial Market Authority and Bratislava
Stock Exchange, have adopted the Corporate
Governance Code (hereinafter “Code”) in the scope
given below. The Management and Supervisory
Boards undertook to adopt measures as to achieve
full implementation of the Code principles.
A. Company Organization
Management Board
1. Management Board Members
Ignacio Jaquotot Chairman of Management
Board (from July 20, 2007
Jonathan Locke Member of Management
Board (from July 20, 2007)
Domenico Cristarella Member of Management
Board
Jozef Kausich Member of Management
Board
Ivan Golian
Member of Management
Board )
Vladimíra Josefi ová Member of Management
Board
Elena Kohútiková Member of Management
Board )
Dinko Lucić
Member of Management
Board
Ignacio Jaquotot – Chairman of Management
Board and CEO of VÚB, a.s.
Mr. Jaquotot was appointed Chairman of the Management
Board and CEO of Všeobecná úverová
banka, a.s. in July 2007 after he had acted as Vice-
-chairman of Management Board and Deputy CEO
of Všeobecná úverová banka, a.s. from April 2005.
Mr. Jaquotot’s career with Intesa Sanpaolo Group
started already back in 1984. First he held the positions
of Deputy General Manager and General
Manager at the former Banca Commerciale Italiana
branches in Madrid and Barcelona, respectively.
In 1999, he went on to serve in South America as
the General Manager in Banco Sudameris Uruguay,
then Banco Sudameris Chile, and Banco Sudameris
Paraguay. In Chile and Paraguay, he restructured
the operations and then assisted as the local
coordinator for sale of the banks.
Jonathan Locke – Member of VUB Management
and Deputy to CEO of VÚB, a.s. and
Head Banks‘s Risk Management division
Mr. Locke was appointed member of the VUB Management
Board and Head of Bank’s Risk Management
division in August 2003. He was appointed
Deputy to CEO of Všeobecná úverová banka, a.s. in
July 2007. Mr. Locke was previously a partner with
Deloitte & Touche in the Czech Republic. He has
15-year experience working with fi nancial institutions,
the last 10 in Central and Eastern Europe and
Russia, especially in the areas of fi nance and risk.
Domenico Cristarella – Member of VUB Management
Board and Executive Director of Finance,
Planning & Controlling Division (from
Dercember 20, 2001)
Since 1998, Mr. Cristarella worked with Banca
Commerciale Italiana (BCI), Headquarters Milan,
in the position of Senior Manager responsible for
budgeting and performance measurement for the
entire foreign network of BCI – subsidiaries, branches,
and representative offi ces. During his professional
career, Mr. Cristarella worked in a number of
overseas branches within the Group, including BCI
Singapore, BCI Abu Dhabi, Tokyo, and New York,
where he was appointed Chief Financial Offi cer.
Jozef Kausich – Member of VUB Management
Board and Executive Director of Corporate
Banking Division (from April 4, 2005)
Mr. Kausich has been heading the Corporate Banking
Division in VUB since April 2005. His banking
experience includes mainly mergers and acquisitions
and also credit analysis and decision-making
on lending. In 1996, he joined Tatrabanka as an account
manager in a branch and from 1997 he continued
in this position at the headquarters of Bank
Austria – Creditanstalt Slovakia. From 2001, with
the new HVB Bank Slovakia, he was appointed the
Head of the Corporate Customer and Product Management
Division and fi nally the Head of Corporate
Client Division.
Ivan Golian – Member of VUB Management
Board and Executive Director of IT and Operations
Division (from January 1, 2006)
Mr. Golian joined VUB after more than 8 years
spent in Executive Management of Orange Slovensko
where he was primarily responsible for Corporate
Project Management Offi ce and Information
System Department. From 1995 to 1997, he worked
with Digital Equipment Corporation, Slovakia as a
Project Manager for “Banking & Telco Sector“ in
Slovakia and the Czech Republic. He also participated
in various IRB projects (support for “Banking
System Profi le“ implementation, Security Project,
101 VUB, a Bank of Intesa Sanpaolo Group “Disaster
Solution“, “LinkWorks“). He also managed projects
for the Slovak Post, Eurotel, Slovak Statistical
Offi ce and such projects.
Annual Report 2007