INA SUPERVISORY BOARD APPOINTED THE NEW MANAGEMENT BOARD
Zagreb, September 28, 2022 – At today’s session, the Supervisory Board of INA took note of the resignations of MOL members of the Management Board of INA and revoked the remaining members of the Management Board at the proposal of the Government of the Republic of Croatia. The Supervisory Board has appointed the new Management Board of INA. Péter Ratatics was appointed a new President of the Management Board of INA, and Berislav Gašo and Krisztián Pulay were appointed Management Board members, as proposed by MOL, and with the mandate until June 30, 2023. Three new Management Board members were appointed as proposed by Croatian Government – Miroslav Skalicki, Hrvoje Šimović and Marin Zovko, for a period of no longer than six months, until the appointment of the members of the Management Board through a public tender.
The new President of the Management Board Péter Ratatics had already been a member of the Management Board of INA between 2011 and 2018 and is well acquainted with INA’s business. He takes over the position of the President of the Management Board of INA coming from his current positions of EVP of Consumer Services of MOL Plc and COO of MOL Hungary. He graduated from Corvinus University of Budapest, Faculty of Finance, specialization in capital markets, and started his career as Gas Trading and Business Development expert in MOL Plc in 2007. In 2009 he was appointed Head of Executive Board Advisory team. Between 2009 and 2010 he also acted as Head of Organizational Development and Process Management and in 2010-2011 as Head of Management Services. From 2011 he was the VP of Corporate Centre, responsible for HR. In 2015 and 2016 he was responsible for the MOL Group procurement, investment, and communication activities as SVP of Corporate Centre. His exquisite expertise and experience in managerial roles and named areas throughout the MOL Group will bring an additional value to the management of INA.
Both Berislav Gašo and Krisztián Pulay have also spent many years in MOL Group, holding various managerial roles, and are bringing to INA a rich expertise from Upstream, Downstream and Corporate Services. They have also both already worked in INA and are well acquainted with the company. Berislav Gašo joins the Management Board from the position of the Executive Vice President of Exploration and Production and a member of MOL Group’s Management Committee. He joined INA in 2010 as the Corporate Services Director and moved to MOL Group in 2012. Krisztián Pulay comes from the position of the Senior Vice President of MOL Group Downstream Development. Between 2012 and 2016 he worked in INA in various roles, last as the Director of Investment Management Department. Miroslav Skalicki is an experienced manager and entrepreneur with 35 years of experience working for various companies from the energy sector. Hrvoje Šimović is joining INA Management Board from the full professor position at the Faculty of Economics in Zagreb where he has been working since 2003. In addition to his academic career, he possesses extensive experience in various consulting roles in the field of fiscal sustainability of the public sector. Marin Zovko joins from the position of Management Board member of Plinacro, Croatian natural gas transmission company. He holds a master’s degree in business management (MBA) from the Faculty of Economics in Zagreb.
Following the resignation by Mr. Šimović at the function of Audit Committee member effective as of the day of his appointment as a member of Management Board, Supervisory Board appointed Sanja Sever Mališ as the new Audit Committee member. Supervisory Board also acknowledged the findings of the internal investigation related to “Škugor-case”, which are shared with USKOK.
About INA Group
INA Group plays a leading role in oil operations in Croatia and a significant role in the region in oil and gas exploration and production, oil refining and distribution of oil and petroleum products. INA Group comprises several subsidiaries fully or partial owned by INA, d.d. The Group’s seat is in Zagreb, Croatia. Apart from Croatia, INA also has upstream operations in Angola and Egypt. Oil refining takes place at the Rijeka Oil Refinery, while sustainable alternative businesses are being developed at the Sisak industrial site. INA’s regional retail network consists of more than 500 retail sites in Croatia and neighbouring countries. INA Group is a member of MOL Group.
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