Bank of Slovenia issued licence for the function of a Board member in Nova Ljubljanska banka to Andreas Burkhardt

On Tuesday, September 10th, the Governing Board of Bank of Slovenia issued a licence for the function of a Board member in Nova Ljubljanska banka to Andreas Burkhardt. Andreas Burkhardt will assume his function of an NLB Board member as soon as the remaining administrative tasks are finalized. He is responsible for the segment of risk management (Chief Risk Officer).   

20-9-2013 — /EuropaWire/ — Andreas Burkhardt has several years of vast international experience in risk management, credit analysis and credit risk assessment. His key role in NLB will be to transform and upgrade the Bank’s risk management strategy.

This concludes the process of NLB Management Board completion, which will on the basis of professional judgement and experience independently lead the Bank towards its transformation to become a sound, successful and competitive NLB again. “We are happy that Mr Andreas Burkhardt decided to accept the invitation to join the NLB Management Board. This way the Bank’s Management Board will have an excellent colleague on board in the times when the Bank’s risk management, which will be Burkhardt’s primary responsibility, requires proper management of financial risks at the level of the Bank to ensure stable and safe operations and maintenance of high quality of investments. Monitoring and management of financial risks will lead to conditions improving the Bank’s profitability and boosting potential for new investors,” said the Chairman of the NLB Management Board Janko Medja when the decision was taken.

Mr. Andreas Burkhardt replied that he is “delighted to have the opportunity to fulfill this fascinating and challenging task at a point of time which will be crucial for NLB’s future. It is necessary that the bank is focusing on its core competencies, is further strengthening and upgrading its view on managing risks in a prudent way, and at the same time is not loosing it’s focus towards profitable new business opportunities.”

Andreas Burkhardt (born 1971 in Augsburg) is of German nationality and has been working in the banking sector for more than 15 years mostly in Central Europe. Prior to joining NLB Group he was till January 2013, the head of risk management for Volksbank Hungary and had a special focus on upgrading and streamlining the Restructuring and Workout activities of the bank. Before that he worked year and a half with Volksbank Romania as a member of the Management Board responsible for the area of finance as well as for the Restructuring and Workout activities. From 2003 till 2009, he was served as a member of the Management Board of Volksbank BH, Sarajevo in charge of the financial sector and the scope of the Bank’s risk (Chief Financial Officer and Chief Risk Officer).
He graduated from the University of Augsburg in Germany, where he completed his specialization in the field of accounting and management, and completed MBA studies at the University of Dayton in the United States.
Corporate Communications – NLB Public Relations Department

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