T-Hrvatski Telekom d.d., Croatia’s main phone company, replaced a government representative on its supervisory board with a manager from Croatian pension fund Raiffeisen Invest Ltd.

The company’s General Assembly today appointed Damir Grbavac from Raiffeisen Bank International AG (RBI) group to the supervisory board, the company said today in an e-mailed statement. Grbavac will replace Slavko Leban, a government appointee, according to the statement.

The government holds no shares in the company.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net