Home / Information / Damir Vanđelić appointed new CEO of Croatia osiguranje

Damir Vanđelić appointed new CEO of Croatia osiguranje

Damir Vanđelić has been appointed as the CEO of Croatia osiguranje at a meeting of the company’s Supervisory Board held on Tuesday. The long-time director of investments at Adris Group replaces Sanel Volarić, who will serve as a member of the Management Board of CO.

– Croatia osiguranje has successfully completed the first phase of restructuring in the past two years, and now the transformation into an even more efficient company awaits, a dynamic market leader with innovative products, an effective sales network, and an improved investment portfolio, with fewer levels of management and the expected result of increased market share and profitability, stated Damir Vanđelić.

The Management Board members remain Nikola Mišetić, Marijan Kralj, and Robert Vučković, and they are joined by Miroslav Klepač, the executive director for finance at Croatia osiguranje.

Addressing the members of the Supervisory Board and the company’s management, the chairman of the Supervisory Board of Croatia osiguranje and also the chairman of the Management Board of Adris Group, Mr. Ante Vlahović, emphasized among other things: – We have stopped the market decline and maintained our leading position in the domestic market, but in the new market conditions, we face a new phase of growth and development for which we need new people – new knowledge and experience at all levels in the company. We must be focused on the client. A simpler and more efficient organization is necessary. This is in line with the values of Adris Group, which strives for excellence and a leadership position in all its businesses.

About Damir Vanđelić

Damir Vanđelić was born in 1968 in Zagreb, where he graduated from the Faculty of Mechanical Engineering and Naval Architecture with the highest honors in 1992. He obtained his MBA degree from the University of Liverpool in 2008. He began his career at Pliva and then moved to Interbrew. He joined Adris in 2004 and took on the role of director of investments at Adris Group, which he has successfully held to this day. At the same time, he has served as the director of Abilija d.o.o. Since 2008, he has been a member of the Management Board of Adria Resorts d.o.o. During this period, as a president or member, he has been actively involved in the work of numerous supervisory boards of companies within the Adris Group (Cromaris d.d., TDR d.d., Hrvatski duhani d.d….). From 2011 to 2012, he was a member of the Supervisory Board of INA d.d., and in 2016, he took on the role of chairman of the Supervisory Board of INA, which he still holds today. During the period in which he served as the director of investments at Adris Group, Vanđelić managed an investment portfolio worth over 8 billion, encompassing more than 200 significant projects in industry, tourism, and real estate. Vanđelić is married and a father of three children. He is a holder of the Homeland War Memorial from 1990-1991.