Montenegro’s EPCG appoints Bojan Đordan as acting CEO

Elektroprivreda Crne Gore has appointed a new chief executive officer. Instead of Ivan Bulatović, the new head of Montenegro’s state-owned power utility is Bojan Đordan.

The Board of Directors of Elektroprivreda Crne Gore (EPCG) has relieved the previous chief executive officer Ivan Bulatović of his duties and appointed Bojan Đordan as the acting CEO.

Đordan is assuming the top position after leading the utility’s sector for renewable energy sources.

The decision was made in line with the statute and internal acts of EPCG, to ensure continuity in company management and the implementation of ongoing business and investment activities.

The company intends to soon open a contest for a new CEO

The board of directors vowed to announce a contest soon for a new CEO, in line with the law and company procedures.

The company will remain focused on implementing strategic projects in the energy transition, modernization, and development of new capacities, while consistently adhering to the principles of transparency, accountability, and professional management, according to the update.

Đordan was also head of EPCG’s production section

Bojan Đordan has graduated from the School of Electrical Engineering in the country’s capital Podgorica.

From 2008 to 2011, he worked at Crnogorski Telekom before moving to EPCG, according to his LinkedIn profile.

Before becoming the head of the renewables sector in EPCG, Đordan led the company’s production section.

Ivan Bulatović was chosen for a four-year term in January 2024 after a contest for the top job.