Supervisory Board

Borut Jamnik (born 1970) from Ljubljana graduated in mathematics from the Faculty of Natural Sciences and Engineering at the University of Ljubljana, and started his career at the Agency of the Republic of Slovenia for Restructuring and Privatisation. After completing his traineeship, he led many ownership transformation projects. After working for Securities Market Agency of Slovenia for a short while, Jamnik took the post at the IT and analyses department of Kapitalska družba (Pension Fund Management), which evaluates investments and prepares the grounds for management decisions. He managed the project of establishing the First Pension Fund in Slovenia. In 2000, he began his term on the management board of Kapitalska družba in charge of finance, analyses, information technology, and activities related to pension fund management. Jamnik chaired the management board of Kapitalska družba in the periods 2003–2005 and 2008–2011. In between, he acted as a board member accountable for finance and group management at Hit, then at Probanka Asset Management, first as a management consultant and later as a management board member. In that period, he managed the merger of two hotels, HIT Alpinea and Kompas Hoteli KG, and conducted negotiations with the strategic partner, the then Harrah’s Entertainment. He chaired the board of a special business consulting company Posebna družba za podjetniško svetovanje (PDP) until its dissolution after the merger with the Slovenski državni holding, SDH (Slovenian Sovereign Holding), where several procedures for financial and business restructuring were implemented and companies sold. In 2011, he started chairing the management board at Modra zavarovalnica, where he is responsible for asset management, compliance, planning and controlling, legal and HR matters.

Since 1999, he chaired many management bodies of major Slovenian companies, including Telekom Slovenije, Pivovarna Laško, Zavarovalnica Triglav, NLB, Luka Koper, Comet, Swaty, Lesnina, Žito, and Krka. Until 2018, he was a member of the management board of the European Association of Public Sector Pension Institutions (EAPSPI). He is currently a board member of the supervisory board and audit committee at Nova KBM.

Jamnik presided over the Slovenian Directors’ Association (SDA) from 2008 until 2020, where he participated in the development of expertise and practice in corporate governance and functioning of supervisory and management boards. Since 2020, he has chaired Policy Committee of the SDA. He also chaired Slovensko zavarovalno združenje (SZZ, Slovenian Insurance Association), where he currently continues his tenure as a member on the board of the committee.

As an executive and member of supervisory boards, he has engaged in various complex corporate campaigns and contributed to resolving complex business issues with his long experience and negotiation skills.