VZP’s new head assumes his post

01-12-2012

The new CEO of the largest Czech public health insurance company, VZP, Civic Democrat Zdeněk Kabátek, assumes his post on Saturday. Mr Kabátek, who most recently worked at the Health Ministry, was chosen by the company’s board earlier this week. He replaces Pavel Horák who stepped down over budget issues. The change is part of a broader overhaul of the company’s management initiated by the Health Ministry. The new CEO said his first goal was to stabilize the company’s finances.