Changes in Nova Banka AD Podgorica Management

As of March 16, Mr. Kamran Mammadov will continue to lead Nova Banka AD Podgorica as the new Bank CEO. Since its opening, Mr. Mammadov has been engaged as the Executive Director for Risks and Finance. He came to Nova Banka AD Podgorica from Branch Manager position in AtaBank, hi-tech universal bank and one of the largest commercial banks of Azerbaijan. Mr. Mammadov has been working in AtaBank from 2005 as Head of Internal Audit department till 2010, then from 2010 till 2016 as Branch Manager, and before AtaBank as Senior (Head) Economist in Kapital Bank where he worked from 2002 until 2005. 

We would like to thank Mr. Miodrag Radonjić for his valuable contribution in establishing Nova Banka AD Podgorica. We wish him success in his future endeavors. 

To remind, as a newly established bank in Montenegro, Nova Banka AD Podgorica is registered with €11.98m worth capital and is seated in Podgorica as of 2016.

As a commercial bank, Nova Banka will offer services to corporate and private clients. Nova Banka AD Podgorica is a new green-field commercial bank on the Montenegrin market with full specter of usual banking products; the goal is to offer high quality banking products and services both to residents and non-residents. Special attention will be paid on creating products which incorporate new IT technologies into banking industry. Nova Banka will empower its customers by focusing on their needs and efficiency.

Furthermore, from the investors perspective this investment will provide new growth opportunities and connections with companies as the ones established in Montenegro, as well as the ones established abroad which operate here on this market.