Chairman of Societe Generale Bank's Executive Board becomes new FIC President

The Foreign Investors Council (FIC) today announced changes in its management, triggered by the promotion of FIC officials within their companies. The Association has the new leader and changed representation in the Board of Directors. At the same time, FIC will continue to pursue the same policy of advocating for simplified and more favourable business conditions.

Frederic Coin, chairman of the Executive Board of the Societe Generale Bank Serbia, has become the new president of the Foreign Investors Council, succeeding Costin Borc who left to manage the Lafarge company in Romania.

Srdjan Lazovic, head of CEFTA Region Corporate and Regulatory Affairs at British American Tobacco, has become FIC Vice President Substitute, succeeding Goran Pitic who ceased to represent Societe Generale Bank in the FIC. Gabor Bekefi, CEO of Carlsberg South East Europe, continues to hold the post of FIC Vice President as spokesperson for the Association.

Dimitrije Knjeginjic, new CEO of Lafarge Serbia, has become a new representative of the company in the FIC Board of Directors.

Other members of the Board of Directors include Senior Vice President of Direct Procurement Synergies and Private Brand for Southeast Europe and Delhaize Serbia David Vander Schueren, FIAT Automobili Srbija CEO Antonio Cesare Ferrara, President of Henkel Serbia Christoph Till, Commercial Director of PepsiCo Western Balkans Michalis Orfanoudakis, and Telenor CEO Ove Fredheim.

The above changes were made through an election process within the FIC Board of Directors, and they come several months ahead of regular elections for the new Board of Directors, planned for the end of this year.