Czech ANO head Babis leaves management of his Agrofert firm


20.01.2014 18:16

Prague - Czech billionaire Andrej Babis, ANO movement´s chairman and probable future Czech finance minister, has left the management of his own firm, Agrofert agricultural, food processing and chemical giant, Babis wrote on Facebook today.


Šéf hnutí ANO Andrej Babiš vystoupil 23. listopadu v Průhonicích u Prahy na briefingu po setkání vyjednávacích týmů ČSSD a ANO. ČTK Šulová Kateřina

On his blog on the website, Babis wrote that he is getting rid of his rights to sign and of his memberships of managing and supervisory boards.

He wrote that he wants to remain only a member of the supervisory board of the Agrofert Foundation that deals with charity.

"I hope nobody would consider this a conflict of interests," Babis wrote.

Babis said three months ago already that Zbynek Prusa, head of DEZA chemical firm, would replace him as the head of Agrofert board of directors if Babis joined the government.

The board of directors will probably name its new head on January 23, Agrofert spokesman Karel Hanzelka told CTK.

Hanzelka confirmed that Prusa is likely to replace Babis in the post.

Agrofert is number one in Czech farming and food-processing field and the second biggest group in chemical industry. It has some 28,000 employees. Babis recently bought the leading Czech media group Mafra.

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