The management

Predrag Mihajlović is the President of the Executive Board and CEO of OTP banka Srbija.

In the course of four consecutive years, he managed two of the most complex bank integration projects in this region, which resulted in the creation of the new OTP banka, OTP Leasing and OTP Insurance in May 2021. From the moment he became the CEO of the Bank within the OTP Group in 2017, there has been continuous growth in operations and market share in Serbia, as a result of the successful integrations of the former OTP banka, former Vojvodjanska banka and the former Societe Generale Serbia. Throughout this period, each of these individual banks led by Mihajlovic during the integration process recorded the organic continuous growth as well, which is a unique case in the region.

Today, OTP banka is the largest corporate and retail creditor and a market leader in factoring, leasing and e-commerce services in Serbia. In the most successful year in the history of operations of OTP Group in Serbia, prestigious global magazines Euromoney and The Banker awarded OTP banka as the Best Bank in Serbia for 2022. OTP Leasing Srbija and OTP Osiguranje (Insurance) also operate within OTP Group in Serbia.

In the previous period, Predrag Mihajlović won the 2021 Manager of the year Award given by the Serbian Association of Managers, as well as the “András Fáy” recognition given to him by the OTP Group for outstanding business results and representation of OTP Group’s interests in Serbia. He enhanced his professional skills and additional knowledge in renowned finance institutions such as Citibank, JP Morgan and Deutsche Bank, and McKinsey.

Mr. Mihajlovic was recently re-elected as the BoD Chairman of the Association of Serbian Banks, as well as the Vice-president of the Responsible Business Forum and a member of the Presidium of the Serbian Association of Economists.

He is married and father of two children.

Predrag Vasic graduated from the Faculty of Economics in Subotica, University of Novi Sad. He began his professional career in 1995 as a Programmer at M&I Systems. In September 1997, he was employed by Kulska Banka, which, upon completion of the integration process in May 2007, became OTP Bank Serbia. His career includes significant experience in IT development, with specific competencies for the development of banking IT systems, but also experience in the field of IT operations, internal services, logistics and operations. From 2007 to 2014, he was the Director of the Directorate for IT Development at OTP Bank Serbia, where he was primarily responsible for the internal development, maintenance and support of Bank’s information system functioning. In 2014, he was appointed Director of the IT Logistics Division, and from 2016 he became a Member of the Executive Board in OTP Bank Serbia. During the integration of OTP banka Srbija a.d. Novi Sad and Vojvodjanska banka a.d. Novi Sad , he was the President of the Executive Board of OTP banka Srbija a.d. Novi Sad. Predrag Vasic led the merger process of two IT systems during the two integration projects of banks operating in Serbia within OTP Group, whereas he was a Member of the Executive Board in charge of IT and Operations, and afterword President of the Executive Board of Vojvodjanska banka.

Marija Popovic graduated from the Faculty of Economics in Belgrade, majoring in banking. She began her professional career in Societe Generale Bank in 2001 as Back Office Transfer Officer. She continued her career as Corporate Relationship Officer, than as Assistant Manager, Corporate Network Coordinator, Key Account Manager, and as of February 2016 MID Segment Department Manager. In September 2016 Marija Popović became an Executive Corporate Director and in December 2017 Member of the Executive Board for Corporate, under whose leadership market share was increased and corporate business further developed, including financial markets, GTB and factoring. In the process of being taken over by the OTP Group, she was President of the Executive Board / CEO of Societe Generale Bank.
Marija is also president of the OTP Leasing Srbija and member of the Board of Governors of the American Chamber of Commerce in Serbia.

Vuk Kosovac graduated from the Faculty of Organizational Sciences in Belgrade, majoring in information systems. He began his career at Societe Generale Bank in 2004 as Specialist in the Project and Organization Department. Soon, he became Manager of this department and remained on that position until 2008. He gained international experience from 2008 to 2011 while working in the Societe Generale Bank Head office in Paris as a Senior Consultant, where he played an important role in various SG entity development and improvement projects through the introduction of new IT tools, participation in due diligence processes, as well as in Rosbank integration. Returning to Serbia, he overtook the position of Strategy and Marketing Director, and in 2012 was appointed as the Executive Marketing Director. In May 2018 he was promoted to Member of the Executive Board for Retail. Under Vuk’s leadership, many innovations were introduced at Societe Generale Bank in the direction of business modernization and digital transformation.

Balázs Balogh graduated from the Budapest University of Economic Sciences at Finance major (Master of Science) with an inter-state scholarship at the Maastricht University in the Netherlands. He started his professional career as a corporate client relationship manager at the Hungarian Development Bank. In 2004 he joined OTP Bank Hungary where he held various positions at the Project Financing and Acquisitions Directorate throughout the years (Senior project manager, Head of unit). Four years later he became Head of General department/Director at the Project Financing Directorate, responsible for energy, infrastructure, telecommunications and industrial project financing in all countries of the Group. His international career started at the end of 2012 when he was appointed to the Chief Risk Officer and Executive Board Member position at Crnogorska Komercijalna Banka, Montenegro. In 2017 he moved to Croatia to join the integration project at its preparatory phase. He became the Chief Risk Officer and Management Board member at Splitska Banka being also in charge of the risk management integration of OTP Banka Hrvatska and Splitska Banka. Balázs Balogh was appointed as Chief Risk Officer and Member of the Executive Board of Vojvodjanska banka in charge of Risk Management in July 2018. In that position, he managed the process of integration of the two banks (OTP Banka Srbija a.d. Novi Sad and Vojvodjanska banka a.d. Novi Sad). He is also a Member of the Executive Board in charge of Risk management since the legal merger of OTP banka Srbija a.d. Novi Sad and Vojvodjanska banka a.d. Novi Sad. From mid 2020, he holds the position of the Member of the Executive Board in charge of Risk management in OTP banka Srbija a.d. Beograd.

Branimir Spasic graduated from the Faculty of Economics in Belgrade, majoring in accounting, finance and internal audit. He started his banking career at Alpha Bank, where he worked as a Manger of Reporting Sector. He joined Societe Generale Bank in 2010 as Senior Financial Control Specialist. From 2012 to 2014, he worked as Head of Financial Reporting, and subsequently as Data Quality and Project Department Manager. Since 2015 he started new role at the position of Financial Control Department Manager. In December 2017, Branimir was promoted to the Executive Finance Director, which he continues to do today. He will take on the new role of Member of the Executive Board for Finance within the new integrated bank. During his career, he has led a number of projects: he designed the FTP tool, participated in the preparation for BI, increased the transparency of financial processes and contributed to a better knowledge of the finances of colleagues in all parts of the Bank. Branimir was one of the key contributors to the due diligence processes and acquisitions of KBC and Alpha Bank, as well as market analysis projects, and played a particularly important role in the OTP acquisition process.

Marko Rakić completed his undergraduate studies in Business Administration at the International University of Monaco and graduated finances at the Florida Atlantic University in the United States of America. He has successfully completed Level I & Level II of the Chartered Financial Analyst exam. His employment in the banking sector was preceded by many years of experience in the private sector, as well as in the sale of housing loans in the United States of America, whereas he began his professional career in Financial Analysis at Glenford Research.

Before joining the Vojvodjanska banka team, he gained previous banking experience in the Large Corporate Clients division in Eurobank in the 2007 to 2009 period, as well as in Alpha Bank between 2006 and 2007. He began his career in Vojvodjanska banka in 2009 as Senior Relationship Manager in Large Corporate and State Finance and was promoted head of this Directorate in 2012.  In 2019, he became member of the Bank’s Executive Board and head of Corporate Division and from that position managed the integration process between former Vojvodjanska banka and OTP banka from the corporate side. Following the subsequent integration between former Societe Generale Srbija and Vojvodjanska banka, he remained head of Large Corporate Sales Directorate until July of 2023, when he was appointed member of the Executive Board and head of Legal and Bank Security Processes Management Division.

He is married and the father of one child.